With the stock market’s gains propelling retirement account balances to new highs, a record number of savers can now call themselves 401(k) millionaires. A record 544,000 401(k) accounts had ...

The number of 401(k) accounts with a balance of $1 million or more jumped to a record 497,000 as of Sept. 30, up 9.5% from the second quarter, according to Fidelity. Similarly, the number of IRA ...

Employer-sponsored 401 (k)s come in two main varieties: traditional and Roth, just as there are traditional and Roth IRAs. With a traditional 401 (k) or a traditional IRA, you typically get an upfront ...

The average 401(k) return can vary, depending on factors such as how consistently you save and the number of years you have until retirement. The amount of risk you’re comfortable taking will ...

One exception to the 401(k) early withdrawal penalty is known as the rule of 55, and it can allow you to take distributions from your 401(k) or 403(b) without having to pay a penalty. To use the ...