IRS reveals new 401(k) contribution limits for 2026, increases savings cap
IRS Announces New 401(k) Contribution Limits for 2026 The IRS recently unveiled updates to the 401(k) contribution limits for 2026. In a release on Thursday, the agency increased the deferral limit for employees, raising it from $23,500 in 2025 to $24,500 next year. This adjustment impacts 401(k), 403(b), and most 457 plans, as well as […]
Here are the funds available in a 401(k) plan according to Morningstar.
Morningstar’s Approach to 401(k) Fund Selection I’ve been on Morningstar’s 401(k) committee for over 25 years, where I’ve worked alongside colleagues to pick and monitor the funds offered to our employees. While the selection of 401(k) options has expanded over the years, our fundamental approach has remained: we prioritize highly rated, low-cost funds for the […]
The Secret to a Successful 401(k)
Saving for the future, especially retirement, involves some critical choices. When to kick off saving, how much to stash away, and where to put those savings can all impact your financial well-being. Recently, the focus on where to invest has intensified, particularly with regulators looking to allow 401(k) plans to include various alternative assets, such […]
Fidelity’s updated policy restricts access to accounts for certain 401(k) customers.
Phoenix (AZ Family) Some customers of Fidelity are reporting being locked out of their 401(k) retirement accounts after the company implemented new policies that limit access to third-party financial advisors. While Fidelity asserts that these changes are meant to enhance security, there’s noticeable dissatisfaction among some users, who are concerned about the control over their […]
Changes to 401(k) catch-up taxes in 2026 open doors for scammers
Important Changes to 401(k) Contributions and What They Mean for You If you’re over 50 and have contributed the maximum to your 401(k), there’s an upcoming change in 2026 that could impact the taxes on your catch-up contributions. This change mainly revolves around taxes and retirement planning, but it also opens doors for scammers. Each […]
New allegations of corporate spying arise, focused on two valuable 401(k) administration startups.
Corporate Espionage Allegations Emerge in Employee Onboarding Dispute In a surprising turn from the often mundane realm of employee onboarding and 401(k) management, new allegations of corporate espionage have come to light. This year, the ongoing legal skirmish between HR software firms Rippling and Deal has captivated attention, showcasing accusations of data theft and planted […]
Financial Experts Recommend Fully Contributing to Your 401(k) and Roth IRA Each Year, But How Many Individuals Can Truly Manage It?
Maximizing Retirement Accounts: A Challenge for Many When it comes to retirement accounts, maximizing contributions is often highlighted as solid advice by financial experts. It sounds practical, sure. And for some folks, it is. Yet, personal finance guru Dave Ramsey’s firm, Ramsey Solutions, suggests that while building wealth through contributions can be beneficial, it isn’t […]
These states do not impose taxes on your Social Security, 401(k), IRA, or pension income.
People generally devote many years to get ready for retirement. Whether through the social security system, investing their savings, or contributing to pension plans, it can be a bit of a chore at times—yet, in the end, that effort often pays off, allowing one to enjoy life’s later years comfortably. It’s clear that one foolproof […]
Republican Proposal Seeks to Establish Trump’s Bitcoin and Crypto 401K Directive as Federal Law
Simply put Congressman Troy Downing has proposed a bill to give President Trump’s executive order on virtual currencies the backing of federal law. The order, issued in August, urged providers of 401(k) plans to consider offering cryptocurrencies and other alternative investments. The U.S. retirement savings sector, valued at $25 trillion, could infuse significant capital into […]
Top earners will forfeit 401(k) tax benefits due to significant retirement rule changes beginning in 2026.
A widely-used tax benefit allowing workers close to retirement to make extra contributions will undergo changes next year, limiting access for certain high earners. Recently, the IRS released new guidelines linked to the 2022 legislation, the SECURE 2.0 Act. Starting in the 2026 tax year, individuals with gross incomes of $145,000 or more will be […]