Sixty-six percent of Americans caring for kids and an aging parent said they are at least "somewhat stressed" about the costs of those responsibilities, a Policygenius survey said.
Some millionaires are anxious about retiring, with 35% saying doing so securely will take a "miracle," according to a survey from Natixis Investment Managers.
More Americans are using their 401(k) retirement plans to help cover financial hardships as consumers continue to confront persistently high inflation.
Hall of Fame quarterback Brett Favre weighed in on Tom Brady's decision to retire from the NFL after 23 seasons.
The House passed the bipartisan Financial Exploitation Prevention Act that aims to protect elderly and vulnerable Americans from being scammed out of their savings.
With inflation and the cost of living on the rise, older workers are increasingly looking to the gig economy to keep afloat, according to data released by the AARP.
A new rule going into effect Monday allows managers of retirement funds to factor in companies' environmental and social stances when making investment decisions.
Social Security benefits could not keep up with inflation in 2022, according to a report by The Senior Citizens League.
Part-time employees who’ve worked two consecutive years and completed at least 500 hours of service each year can enroll in their company's 401(k) or 403(b) plans, beginning in 2025, as stated in the Secure 2.0 Act. Here’s what it means for you.
The required minimum distribution age (RMD) has increased from 72 to 73, meaning Americans can leave their investments in longer before needing to make withdrawals. Here’s what you need to know.
Up to 15% of a person’s Social Security benefits can be garnished to pay student loans in default.
Building up their emergency funds is a New Year’s financial resolution for many Americans, according to a survey by Personal Capital. Here’s how to boost your savings.
Starting in 2024, Americans can make tax-free rollovers of eligible 529 plan funds to a Roth IRA in the same beneficiary’s name. Here's what that means for you.
Larger Social Security payments are set to begin this week for millions of retired Americans, who will see an 8.7% cost-of-living bump to their benefits.
The Secure 2.0 Act of 2022 – a follow-up to the 2019 Secure Act – allows for an increase in "catch-up" contributions for people nearing retirement.
Beginning in 2024, sponsors of individual account plans can create "emergency savings accounts" that allow employees to make Roth after-tax contributions to special savings account within the retirement plan.
The Secure Act 2.0 will let companies make 401(k) employer matches based on employees’ qualified student loan payments, beginning in 2024. Here’s how to pay down student loan debt quickly.
The Secure 2.0 Act, which was been signed into law, may help Americans save more for retirement. Here’s what you need to know.
Many Americans are looking to improve their finances, and are planning ahead for 2023. Here's what you can do to achieve your financial goals.
Nearly half of private sector workers don’t have access to a 401(k) at work, but you can open an IRA and take other steps to save for retirement.