Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...

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 ...

Learn about qualified retirement plans, their two main types—defined benefit and contribution—and the tax benefits they offer ...

The typical employee contribution rate falls between about 8% and 10%, depending on the data source. When employer matches are added, total savings climb to about 12% to 14% of an employee's salary.

If you’re trying to maximize retirement savings, knowing the Roth 401(k) contribution limits for 2025 is key. This year, you can put away $23,500 from your paycheck, and if you’re 50 or older, you get ...

The next generation of automatic features in 401(k) plans will include default savings rates that will give workers switching jobs the option to choose between the new employer’s default savings rate ...