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Congress is weighing major 401(k) changes

Lawmakers are quietly debating some of the biggest shifts to workplace retirement plans since the last major overhaul, and ...
This change stems from the 2022 SECURE 2.0 Act, though the IRS only finalized the rules a few months ago. As for why this is ...
The limit on annual contributions to an IRA is increased to $7,500 from $7,000. The IRA catch‑up contribution limit for individuals aged 50 and over was amended under the SECURE 2.0 Act of 2022 ...
Signed into law at the end of 2022 by President Joe Biden, the SECURE ACT 2.0 was focused on encouraging people to build a ...
If you are looking to put away as much as you can for retirement, you'll probably prefer the 401 (k) option. If you have the ...
This type of account offers triple-tax benefits, and is especially useful after you turn 65. And the great part is that you can open it well before retirement age.
Employees would be allowed to transfer a portion of their savings into an annuity while they are still working under the ...
Congress is reviewing major 401(k) reforms, reintroducing a bipartisan bill to provide greater flexibility and clearer ...
The average retiree's 401(k) balance may surprise you. See how your savings compare and learn strategies to grow or stretch ...
Based on its most recent data for the third quarter of 2025, Fidelity puts the average 401 (k) savings rate at 14.2% of ...
There’s a reason it pays to save for retirement in an IRA or 401(k). These accounts give you a tax break on your money, whereas a regular brokerage account won’t. With a traditional IRA or 401(k), ...
The Internal Revenue Service recently announced that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025.