401(k) withdrawals count as income and must be reported to the Internal Revenue Service (IRS). Starting at age 59½, retirees can begin accessing 401(k) funds without an early-withdrawal penalty.

The average 401(k) plan balance stood at $127,100 at the end of the second quarter, an increase of 13% from the same period last year, according to data from Fidelity Investments drawn from 24 million ...

The number of 401(k) plan participants with balances of $1 million or more rose to a record high at the end of June, according to new findings published by Fidelity Investments. There were about ...

Her expertise is in personal finance and investing, and real estate. Roth 401(k) plans are typically matched at the same rate as traditional 401(k) plans. The matching contributions provided by an ...

The number of paper millionaires with 401(k) retirement accounts has reached an all-time high according to a report released Wednesday. Fidelity Investments says the number of people with more ...

Here's what the average 401(k) balance looks like among those ages 55 to 64, as well as one simple trick for saving more. Each year, Vanguard releases its How America Saves report to provide ...

A driver is dead after a single-vehicle crash on Highway 401 near Highway 427 on Thursday, Ontario Provincial Police say. The crash happened on Highway 401 westbound west of Renford Drive at ...

One person has died after two collisions on Highway 401 in Lakeshore Friday morning. Around 10:22 a.m., emergency services responded to a multi-vehicle collision in the westbound lanes of the ...

Ontario is moving forward with plans to further widen parts of Highway 401, with new plans announced to accommodate expansions east of Toronto. On Friday, Transportation Minister Prabmeet Sarkaria ...

A 22-year-old man is dead following a car crash on Highway 401 in Mississauga Thursday night. It happened on the westbound express lanes near Renforth Drive shortly before 8:30 p.m. Ontario ...

Ontario Provincial Police (OPP) say one person is dead after a collision that closed the westbound lanes of Highway 401 near Comber on Friday morning. The police service says at around 10:20 a.m., ...