Tag: 401

A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a portion of their paychecks before taxes are taken out. Taxes aren’t paid until the money is withdrawn from the account. Employers may offer to match employee contributions, providing an additio...

Whether you’re working for a new employer or retired, you have good options for managing your retirement account at your former employer. Although many people leave their account at their former employer because it requires no action, you should review each option and decide which fits you bes...