The Senior Citizens League, a nonpartisan group that focuses on issues relating to older Americans, estimated on Wednesday that Social Security recipients have lost 40% of their buying power since the year 2000.
Social Security recipients are poised to receive the biggest cost-of-living raise in over four decades as inflation rapidly erodes the buying power of retired Americans.
Liquidity is important regarding an emergency fund should you experience a setback like a sudden job layoff, a medical emergency or an unexpected issue like a car repair.
Ava Labs President John Wu discusses Fidelity's 401(k) plans for crypto
Sen. Marco Rubio calls out the Federal Thrift Retirement Investment Board for risking national security and trying to invest federal employees' and military members' 401(k) funds into communist-controlled Chinese companies.
Here's an easy investing strategy that can help you build wealth for your future -- plus an exchange-traded fund (ETF) that can supercharge the strategy.
Today, in the age of low-cost exchange-traded funds (ETFs) that focus on indexes, it becomes pretty simple to create such a portfolio with just two funds.
Business intelligence solutions provider MicroStrategy plans to be the first employer to offer a digital assets account in their retirement plan later this year. Digital asset accounts will be available more broadly to employers mid-year.
Rising prices are squeezing household budgets across the country, but the hottest inflation in four decades has been particularly burdensome for older Americans.
Consumers are revising their future financial plans due to high inflation, according to a new survey from Nationwide.
TSCL policy analyst Mary Johnson has raised her 2023 COLA forecast to 8.9%. But as inflation continues to surge, she said Social Security benefits aren't keeping up with rising consumer prices.
The House of Representatives recently passed a bill that extends the amount of time that Americans have to save for retirement, as well as other changes.
The House overwhelmingly passed the Securing a Strong Retirement Act on Tuesday with a bipartisan vote of 414-5. The legislation now heads to the Senate.
The transaction is expected to close in the second half of 2022, subject to regulatory approval and other closing conditions. Financial terms of the deal were not disclosed.
Floridians are having “a very difficult time” finding a home insurance policy, according to Mark Friedlander of Triple-I.
New York’s pension systems want to dump nearly $300 million invested in the Moscow stock market, but can’t because Russia has blocked foreigners from selling shares.
Social Security recipients may see a higher COLA increase in 2023 if inflation persists, according to a nonpartisan advocacy group.
Edward Johnson III, the man who transformed Fidelity Investments into the Wall Street and investment giant it is today, died on Wednesday at the age of 91, his family has confirmed.
A study by TransAmerica found that men have more than double the retirement savings of women.
Here's how much you should contribute to your portfolio each month to reach $1 million.