Retiring early is a dream for many. After all, a life of leisure with no need to report to work sounds great — especially if you have plans for retirement, such as traveling the world. Unfortunately, even if you actually manage to...
The good news: Americans are saving more than they ever have for retirement.
The bad news: They’ll probably need to save even more.
Employees contributed an average of $2,370 per account to their 401(k) plans in...
IN 2013 AND 2014, headlines heralded the rise of for-profit income share agreements binding young borrowers to private investors. Students who attracted financial support agreed to pay back their wealthy benefactors a percentage of their future incomes for a specified amount of...
Since its debut nearly 40 years ago, the 401(k) has emerged as one of the premier tools to save for retirement in America. In fact, when we poll 401(k) participants across the country, the majority of them consistently say it’s their largest...
IF YOU’RE NEWLY divorced and you have children, odds are you’re probably just getting acquainted with the concept of child support. After all, child support law and regulation can be complex and confusing.
“I have never met a...
Billionaires feel at home in the Big Apple.
New York has the largest billionaire population globally (105 individuals), followed by Hong Kong (87), San Francisco (75), Moscow (70), London (65) and Beijing (55). To put that in context, San...
The interest rates on federal student loans will go down next academic year.
The government sets the annual rates on those loans once a year, based on the 10-year Treasury note, which has also been on the decline.
Financial rules of thumb circle around the internet like flotsam caught in an eddy. We scrutinized five particularly persistent ones to see how they hold up. Our conclusion: Most have merit as a starting point for setting a financial goal. But depending...
Every worker Opens a New Window. at some point starts to think about retirement and applying for Social Security benefits Opens a New Window. . The big question is: When should you start collecting Social Security?
Generally, the key...
For many people, retirement plan assets make up a meaningful portion of their financial wealth. In a divorce proceeding, retirement plans often present additional challenges to an already difficult process.
Most states treat retirement plan assets as marital property....
