Older Americans making catch-up contributions to their 401(k) plans could be hit with a higher tax bill this year. Under a law that went into effect on Jan. 1, higher-income workers making catch-up ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

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Since 2002, retirement savers age 50 and over have had the option of making “catch-up” contributions to their 401(k) plans, which are over and above the regular limits for employee contributions to ...

I got a letter from my 401(k) plan saying “Great news!” and that there’s “a new plan benefit offering steady income in retirement.” It went on to suggest converting part of my 401(k) savings into a ...