401(k) loans

It’s now up to employers to help workers understand how to rebuild retirement savings and regain financial security.

Borrowing against a retirement plan can be a double-edged sword.

Without measures to help workers avoid the decision to withdraw their savings, the proposed law is less likely to achieve the stated goals of its supporters.

Lawmakers this year are expected to pursue measures that will help Americans enhance their retirement prospects.

Although rainy day funds can be useful in the ongoing struggle to curtail leakage of savings from defined contribution plans, they won’t plug the biggest hole in the retirement system’s proverbial bucket.

Most people, particularly younger clients, worry that they will not be able to get their Social Security benefits by the time they retire.

The Great Recession spurred many Americans to take loans from their retirement accounts. Now that unemployment is at an all-time low, the next question is how to finance their post-work years.

Retirees who consider taking withdrawals from their 401(k) and other similar plans should account for the tax impact before making a decision.

Savers are starting to take money out of their 401(k) accounts—despite taxes and penalties involved—assuming it will be replaced as markets continue to surge upward.

Tax-free withdrawals could outweigh an employer's match if early withdrawals are made for expenses like healthcare.