At a recent investor day presentation, KKR CEO Scott Nuttall talked about the huge potential for private investments in retirement plans like 401ks and targetdate funds: Apollo’s Marc Rowan made a similar pronouncement on the company’s latest earnings call: There is something like $15 trillion in the defined contribution retirement plan space. Apollo envisions … Read more
Solo 401(k) plans are a popular retirement savings vehicle for self-employed business owners. One of their key features is the ability to make contributions both as an “employee” of the business and as the “employer”, i.e., the business itself. By maximizing both the employee employer contributions, solo 401(k) plan owners can often save significantly more … Read more
The 401(k) contribution limit for employees in 2025 has increased to $23,500, up from $23,000 in 2024. The employer contribution limit also rises to $46,500, bringing the combined employee and employer 401(k) contribution limit to $70,000 for 2025. Don’t underestimate the power of employer 401(k) contributions, especially as you advance in your career. As you … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. A workplace 401(k) plan helps you save a substantial amount each year for retirement, but there are annual limits on contributions by you and your employer. Whether you choose a traditional 401(k) for the … Read more
Commercial Cash knowledgeable Clark Howard says among the finest methods to save lots of for retirement is to reap the benefits of an employer-sponsored 401(ok) account. Irrespective of your age, chances are you’ll wonder if you’re on observe for a snug retirement based mostly on what you and your employer have contributed to your 401(ok) up to now. Clark … Read more