There are plenty of good reasons to participate in an employer 401(k) plan if you have one available to you. For one thing, it’s super easy to fund a 401(k). All you need to do is sign up with your ...
For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: Roll it over. The opportunity to hang on to assets after employees retire — and in turn keep costs down ...
With a 401(k), you could face an early withdrawal penalty for removing funds before turning 59 1/2. Under certain circumstances, you can access your 401(k) penalty-free at age 55. Make sure you know ...