Employees of state and local governments can stash more money in their 457 plans this year, building bigger nest eggs for retirement.
457 Contribution Limits for 2019
The maximum amount you can contribute to a 457...
Many Americans don’t have access to an employer-provided retirement plan.
Traditional employer-based retirement plans are typically not available for contractors, freelancers, gig economy workers, and part-time workers. And only 42% of small businesses with fewer than 100...
Tax-filing season has begun. Americans have until April 15 to file their income taxes. There’s been some good news for workers over the last year: Unemployment hovers at 3.9% and average hourly earnings rose by 3.2% on the year in December. And...
The president will still have some options if his student loan forgiveness plan is struck down.
Save the biggest for last? That's what the U.S. Supreme Court appears to be doing.
The nation's...
About three in five Americans live paycheck to paycheck but only one in four have a written plan to tackle their finances. And, according to Charles Schwab's 2018 Modern Wealth Index, that's because few people in the U.S. believe their level of wealth deserves a plan.
"The idea that financial...
China has sold the first tranche of a two billion yuan ($291.11 million) bond in Macau, which comes as the Chinese-ruled territory tries to diversify from its dominant gaming industry.
The Ministry of Finance said in a statement on...
Are you living in one of them? If so, here's what to do about it.
Many retirees are heavily reliant on Social Security to fund their retirement. Nearly six in 10 say it's a major source of income, according...
These days, a lot of people are struggling financially due to rampant inflation. As such, you may not have a ton of money to work with. And you may be hesitant to dip into your savings account for something other than an emergency.
But if you do have a little cash to spare, you may...
Where are you going to find meaningful income to get you through retirement? Not from popular stocks, with the S&P paying less than 2%. And bonds won’t help either, as their yields are in the tank, too.
Instead let’s...
A new Form 1040 tailored to taxpayers 65 and older is making its debut.
In mid-July, the IRS released a draft form of the 1040-SR, “U.S. Tax Return for Seniors.”
The form is designed to be...
