401 k

Don't Tap Your 401(k) for a Down Payment

We withdrew money from my husband's 401(k) plan so that we could come up with a down payment for a home. Now we're getting hit with the taxes on that money. Are there any exclusions of taxes on that income when the money is used for the purchase of a primary residence?

Study: Retirement savers make costly 401(k) mistakes

NEW YORK -- Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.

Taxes on 401(k) and IRA Withdrawals

Is that true when you withdraw your money at retirement that you pay less tax for a traditional IRA than a 401(k)?

A Roadmap to Your Fees

Retirement plan expenses can whittle away at the money in your long-term savings accounts. But how do you tell what your 401(k) fees really are?

More People Tap 401(k) Accounts for Cash

-- Trent Charlton knew the risks when he borrowed $10,000 from his 401(k) and cut his retirement savings in half.

With Low Fees, ETFs Rival Mutual Funds

NEW YORK -- While mutual funds are a staple of many 401(k) and other retirement plans, exchange-traded funds are likely to become serious competitors in the coming years.

New Law To Expand Reach of 401(k)s

A law making it easier for employers to automatically enroll their employees in 401(k) and other retirement plans goes into effect tomorrow.

Retirement bleak for low-paid with 401(k)'s: study

WASHINGTON (Reuters) - Many younger U.S. workers, especially the lowest paid, are saving little or no money toward retirement in worker-managed pension plans such as 401(k)s, said a congressional study released on Tuesday.

How tax code will be adjusted for inflation next year

For the first time since 2001, the maximum amount employees can sock away in their 401(k) and similar workplace retirement plans won't go up next year.

Automatic enrollment into 401(k)-type plans soon to become more common

WASHINGTON - A new law making it easier for companies to automatically enroll their employees in pension plans such as 401(k)s goes into effect soon, the Labor Department said Monday, a move the government hopes will spur increased retirement savings.

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