Catch-up contributions are usually worth it, in the sense that it's always a good idea to boost your retirement savings. If you can increase your savings, it's generally wise to do so. The question ...

Retirement Savings. getty It’s Never Too Late To Build Your Retirement Nest Egg. Starting retirement savings later in life ...

The 401(k) super catch-up provision is the government's way of helping those on the cusp of retirement sock away more funds in their 401(k) plans. It's hardly a secret that many Americans are ...

Employer-sponsored 401(k)s have long had a couple of benefits over IRAs. First, many 401(k) plans come with an employer match ...

Not surprisingly, the balances in 401 (k) plans go down for people in their 70s and 80s. The average 401 (k) balance for ...

For individuals under 50, the IRA contribution limit is $7,000, while those 50 and older can contribute up to $8,000. For 401(k) participants aged 50 and older, the standard catch-up contribution ...

If you’re anyone who is starting to think about retirement, there is every reason to start planning as early as possible. In ...

Balances for 401(k) retirement accounts hit the “second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments.

Catch-up contributions are usually worth it, in the sense that it's always a good idea to boost your retirement savings. If you can increase your savings, it's generally wise to do so. The ...

In 2025, workers under 50 can contribute up to $23,500 to a 401(k), whereas with an IRA, the limit is only $7,000. The catch-up contributions associated with 401(k)s are also higher. This year ...