That money can be better used taking advantage of multiple types of retirement accounts.

“A 401(k) is a workplace savings plan that has tax advantages as an incentive to invest for retirement,” noted the financial firm Fidelity Investments. It allows you to save in a tax-deferred account.

Patient long-term investors are experiencing an “I told you so” moment. These are the folks who, when asked, will tell you to stay the course whenever the stock market gets bumpy. After a turbulent ...

Key Takeaways A 401(k) might be your best bet for saving more for retirement.A recent study shows that people with 401(k)s were able to save 29% more for retirement than their peers who did not have ...