Fidelity said this week that our 401(k) account balances were up 8 percent on average in the first quarter of this year. But the major stock market indexes were up even more than that. So are 401(k)s really the right…
Labor economist Teresa Ghilarducci thinks it's time for the 401(k) to be replaced.
Host Tess Vigeland and David Lazarus from the L.A. Times answer your personal finance queries.
I am ready to convert my 401(k) into an IRA. I am 61 years old and want to start taking annual distributions. The current balance in the 401(k) is $562,000 and I would like to withdraw 4 percent annually. Fidelity…
"A steadily growing portion of the workforce will continue to work at least part-time well beyond the 'normal' retirement age of 65," says a senior research fellow at the New America Foundation.
Americans share little confidence in their ability to afford a comfortable retirement. The 22nd Retirement Confidence Survey by the Employee Benefits Research Institute is stagnant at historically low levels.
My company just added a Roth 401(k) investment option to our retirement plan. I am currently saving 6 percent of my salary in my 401(k), with a 3 percent match from my company. (This is the maximum match.) Now that…