Maxing out your 401(k) annually is a great idea, but consider saving even more with a personal IRA and a taxable brokerage account, as well. Taxes come due on your 401(k) contributions at the time of ...

Maxing out a 401(k) takes a lot of money, and it's not something most people can afford to do. 401(k)s offer less flexibility than Roth IRAs or HSAs. It's fine to use multiple accounts to save for ...

While it's good to contribute a lot to a tax-advantaged account, there can be a huge drawback.

401(k)s make it possible for everyday workers to become millionaires by the time they retire. While it’s commonly said that maxing out your 401(k) is the best move, that’s not true for everyone. What ...

It's impossible to deny the role 401(k)s have played in retirement savings. For example, when Fidelity Investments reviewed its clients' 2025 accounts, it found that 512,000 of them had become ...

Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...