Small companies often have a family-like feel. Employers want to ensure their workers have a plan in place for retirement and long-term financial planning. Small businesses can offer a 401(k) plan or ...

Forbes contributors publish independent expert analyses and insights. Enoch Omololu writes about personal finances for millennials. Jun 05, 2023, 04:47pm EDT This article is more than 2 years old.

If you are under age 59½ and take a distribution from your 401(k) plan, IRA, or similar tax-favored retirement account, that distribution is subject to an extra 10% tax (often referred to as a ...

When you hit 55, retirement isn't some distant concept — it's coming, whether you're ready or not. If you're like many Americans, your financial footing might feel shakier than you'd hoped. Add in ...