Business
The Hidden 401(k) Catch-Up Contribution Most Savers Overlook
Most investors think they've maxed their 401(k), but catch-up contributions for those over 50 can raise the limit by nearly $50,000. Here's…
Tag: 401k
401(k) Millionaire Population Hits Record 769,000 as Bull Market Fuels Retirement Savings
Fidelity data reveals a record 769,000 retirement accounts surpassed $1 million in Q2 2026, driven by market gains and record contribution rates.
Financial Dilemma: 68-Year-Old Weighs Spending Half of 401(k) on Home Purchase
A retiree faces a critical decision about liquidity and housing, prompting experts to outline the risks of depleting retirement savings for a…
Average 401(k) Balances Surge as Workers Max Out Contributions
Strong market gains drove 401(k) balances up 10.5% this quarter, with workers in their 30s and 40s saving record shares of their…