Americans have been contributing a greater share of their salaries to their 401(k) plan accounts — and that could have a substantial impact on retirement savings over time.
Savers stashed away an average 7.7% of pay in 2018, up from...
“We owned homes all through our careers, and they turned out to be good investments,” Joe Stermitz told Business Insider. They lived all over the US in 16 different homes, both owned and rented. Before Joe retired in 2016, they lived in a...
Americans have been contributing a greater share of their salaries to their 401(k) plan accounts — and that could have a substantial impact on retirement savings over time.
Savers stashed away an average 7.7 percent of pay in 2018, up...
As 2020 takes hold, about half of Americans say they’re committed to saving more for retirement this year, according to a recent Fidelity survey.
That’s good news because many are woefully behind. In fact, more than 1 in 2 Americans admit they’re not...
The Secure Act passed by Congress at the end of 2019 is the biggest change in U.S. retirement savings policy since the Pension Protection Act in 2006. The Secure Act aims to expand retirement savings opportunities, give retirees more freedom on when to...
Though Social Security will help you pay the bills once you retire and give up your paycheck, those benefits alone can’t sustain you. That’s why you need savings of your own, and if you don’t have access to a 401(k) through your job, an IRA...
New parents will have one new source to tap for money — their retirement savings.
The Secure Act, which was passed by Congress in December, is ushering in some of the biggest changes to retirement savings since the Pension Protection...
Buying long-term-care insurance is usually a smart way to protect your finances and your family from the potentially massive cost of care.
But after paying premiums for years, you don’t want the insurance company to hassle you — or your...
A hefty piece of federal legislation passed by Congress and signed into law by President Trump in December has been hailed as one of the most far-reaching retirement savings reforms in at least a decade — a package that will broaden the reach...
So it’s 2020, and maybe you didn’t save enough over the past decade — or do the wisest things with what you did save.
Don’t worry, you have lots of company. But it’s never too late to start saving, and...
