Many Americans haven’t saved enough for retirement. However, a big change to 401(k) plans could provide a boost for older workers.
The IRS in November unveiled higher 401(k) contribution limits for 2025, with employee deferrals jumping to $23,500, up...
Half (50%) of Americans feel confused understanding their workplace 401(k) plan options, according to a Pontera 401(k) Literacy Survey. Millions of Americans are staking their retirement futures on their 401(k)s, yet many struggle to navigate the maze of investment options, fees and...
There's a hidden upside to a low COLA that many seniors may be overlooking.
The annual Social Security cost-of-living adjustment, or COLA, is one of the most important features of the government program. Without those annual raises,...
Many Americans haven’t saved enough for retirement. However, a big change to 401(k) plans could provide a boost for older workers.
The IRS in November unveiled higher 401(k) contribution limits for 2025, with employee deferrals jumping to...
Stocks soared in the days after President-elect Donald Trump won the 2024 election, and the Federal Reserve announced another interest rate cut less than two days later.
The Dow Jones Industrial Average, S&P 500 and Nasdaq markets...
As the U.S. presidential election laid bare, economic anxiety is top of mind.
High costs have weighed heavily on household finances, with 2 in 3 Americans concerned about how they’ll manage holiday expenses, when the temptation to...
For over three decades, one of America's largest banks, JPMorgan Chase (NYSE:JPM), has refused to pay out a $331 monthly pension to Elaine Silverberg, widow of one of their former longtime employees, according to The New York Post. The publisher recently reported on the ordeal that has left the...
Big changes are coming to Social Security next year.
A new year brings fresh changes to Social Security. One of the most prominent changes is the cost-of-living adjustment (COLA), which will be 2.5% this year and is slated to boost the average retiree's checks by just under $50 per month.
But...
Before the election, some advisors increased Roth individual retirement account conversions for clients amid the threat of higher taxes after 2025.
Now, tax hikes are less likely under President-elect Donald Trump. However, demand for Roth conversions will continue as investors seek long-term tax planning strategies, experts said.
“In general, we see...
Lending money to a friend or family member can put a strain on the relationship if you’re not careful.
Nearly a quarter of people who lent money or covered a group expense with the expectation of being paid back say doing so negatively impacted their relationship with the other party,...
