GOBankingRates asked ChatGPT to explain 401(k) plans to us like we're 12 years old. The explanation is very simple, maybe a ...

Saving for retirement can be confusing. You probably know that having a 401(k) is advisable, but if your eyes glaze over when presented with financial jargon, you’re not alone. Whether you already ...

Discover how 401(k) balances in your 40s and 50s stack up and learn smart strategies to grow savings, such as catch-up ...

Workplace 401(k) accounts have become critical to retirement security, and with good reason. The majority of private sector workers have access to these plans, which are easy to enroll in and come ...

Hardship withdrawals hit a record 4.8 percent in 2024: Vanguard Before the pandemic, the average was around 2 percent each year Several factors help explain the recent uptick More Americans are ...