High-income individuals that can't contribute directly to a Roth IRA can contribute using a backdoor option. Learn from Bankrate about the benefits of using a backdoor Roth IRA.| Bankrate
The Roth 401(k) and the traditional 401(k) each offer a different type of tax advantage, and choosing the right plan is one of the biggest questions workers have about their 401(k).| Bankrate
The SECURE Act 2.0 became law in the last days of 2022, and the act provides new assistance for retirement savers, small businesses and many others.| Bankrate
A Roth IRA is one of the most popular ways for individuals to save for retirement, and it offers some big tax advantages.| Bankrate
If you’re leaving your job for a new employer, it’s important to address rolling over your 401(k). The wrong decision could cost you.| Bankrate
Hardship withdrawals allow the owner of a 401(k) or similar retirement plan to withdraw money from the account to meet a dire financial need.| Bankrate
Bankrate provides a free 401(k) calculator to help retirement savers calculate their 401(k) portfolio's growth and earnings.| Bankrate
A Roth IRA offers many benefits to retirement savers. The Roth IRA allows workers to contribute to a tax-advantaged account, let the money grow tax-free and never pay taxes again on withdrawals.| Bankrate
Experts don’t recommend raiding your retirement plan for cash if you can avoid it, but you can tap your 401(k) plan through a 401(k) loan.| Bankrate
A mutual fund is an investment vehicle that allows individuals to invest their money along with other investors. Most mutual funds invest in a large number of securities, allowing investors to diversify their portfolios at a low cost.| Bankrate
If you’re working and already saving for retirement or plan to start socking away money soon, educating yourself on how investing in a 401(k) plan works and how it can help you build a sizable nest egg makes good financial sense.| Bankrate
Matching contributions from employers are fairly common and taking advantage of them is an important part of saving for retirement. Here's what else you need to know about 401(k) matching.| Bankrate