Most employees have probably heard of or had a 401(k) or IRA, but just how much do you know about these retirement accounts? An employer-sponsored 401(k) plan allows you to automatically contribute to ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

What Is a Traditional IRA? A traditional individual retirement account (IRA) is a retirement savings account that lets you invest pre-tax income to save for retirement. The key feature of this account ...

A safe harbor 401(k) plan is a version of a traditional 401(k) retirement plan that offers simplified compliance. Employers with safe harbor 401(k)s must contribute to employee accounts, generally ...

The average balance in employer-sponsored savings plans last year was $112,572, well below the $141,542 recorded in 2021. That’s according to the latest annual report, “How America Saves,” from ...

Congratulations on earning your service pension. Whether it's due to your own service or a spouse's service, you’ve earned it. On one hand, military pensions don't meet the "earned income" requirement ...