Under federal tax laws, you can borrow from your 401(k) and if you do so, you alone are listed as the borrower on the loan. However, some 401(k) plans inc...

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Direct rollovers. A direct 401(k) rollover gives you the option to transfer funds from your old plan directly into your new employer’s 401(k) plan without...

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If a company’s 401k plan has 120 eligible participants on the first day of the plan year, an audit is required. Once an audit has occurred, the 401k plan ...

Pre-tax 401(k) contributions are exempt from federal income taxes, state income taxes, and local income taxes. Let’s break those down further: Federal Inc...

Money saved in a 401k is “exempt” in bankruptcy and cannot be taken by the bankruptcy trustee. Withdrawing from a 401k in a Chapter 13 would have to be ap...

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A custodial 529 plan account is similar to a regular 529 plan account, but with the student as both account owner and beneficiary. When the student is a m...

If you’re 50 or older, the limit is $7,000. The most you can contribute to a 401(k) is $19,500, or $26,000 if you’re 50 or older. If you have a 401(k) mat...