Last year was a pretty good year if you were among the tens of millions of employees who put their savings to work in a 401(k) plan. Sure, strong returns on the S&P 500 helped. It rose nearly 25% ...

But that begs the question: Will your 401(k) be off-limits if you retire early? The answer is, it depends. The problem with saving for retirement in a 401(k) There can be big benefits to using a ...

Early 401(k) withdrawals commonly result in a penalty. You normally have to wait until 59 1/2 for penalty-free withdrawals, but some savers can get their money out at 55. It’s best to have some ...

Only one lane is open on a stretch of Hwy. 401 westbound in Bowmanville, Ont., after a serious three-vehicle collision involving a tractor trailer and two vehicles. Shortly before 10 a.m., Sgt.

The 2025 401(k) contribution limit is $23,500, up from $23,000 in 2024. Savers 50 and older may contribute an additional $7,500, unchanged from 2024. Contributing as much as possible maximizes tax ...

Safe Harbor IRAs were designed to manage 401(k) accounts that have been abandoned or forgotten about, usually when an employee moves jobs. Low interest rates on accounts as well as 'excessive ...

Among other changes, the law made it easier for small businesses to set up 401(k) plans and provided tax credits to employers who offered 401(k) auto enrollment. But critics said this reform didn ...

Sometimes in an emergency you just have to break the glass. While tapping a retirement plan for an early withdrawal should always be a last resort, it can be unavoidable. The cause could be a ...

Starting in 2025, certain employees in certain retirement plans must be automatically enrolled by their employer into their workplace 401(k) or 403(b) plans and a percentage of their paycheck must ...

Premium Quality Power IPO Day 2 Highlights: The subscription period for the Quality Power IPO is scheduled from Friday, February 14, to Tuesday, February 18. Quality Power IPO Day 2 Highlights ...

An early morning accident has closed part of Highway 401 on Sunday. The accident occurred after 1 a.m. on the westbound lanes near Grafton, involving a tractor trailer that left the road.