Saving for retirement can be confusing. You probably know that having a 401(k) is advisable, but if your eyes glaze over when presented with financial jargon, you’re not alone. Whether you already ...

Many U.S. workers are not saving enough for retirement, even though higher savings can lead to a safer future. Only a small group manages to reach yearly 401(k) limits. Experts say saving early, using ...

A 401(k) is not a defined benefit plan. Instead, it is classified as a defined contribution plan. It is an employer-sponsored retirement savings that allows employees to contribute a portion of their ...