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Number of millennial 401(k) millionaires jumps 400%: Here’s what it takes to reach seven-figure...

A few years ago, Wes Bellamy, 38, took stock of his investment accounts in preparation to buy a home in Charlottesville, Virginia. It was then that...

Deadline to withdraw from your retirement account fast approaching

The clock is ticking on taking your Required Minimum Distributions from Individual Retirement Arrangements. The last day of the year is the deadline. If you...

Social Security full retirement age is increasing in 2025. What to know

As 2025 approaches, another round of people will become eligible for Social Security benefits — and some will hit their full retirement age. The minimum...

Congress approves changes to Social Security for some public sector workers

WASHINGTON – Congress on early Saturday passed a bill that would increase Social Security benefits for public sector workers. The Social Security Fairness Act, would...

Investors are putting more into their 401(k)s — here’s the average savings rate

The average 401(k) savings rate, including employee deferrals and company contributions, continued to climb in 2023, a new industry survey reported. In 2023, the average...
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