Social Security checks with record-high 2023 cost-of-living increase set to arrive this week
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.
Secure 2.0 Act helps savers nearing retirement boost catch-up contributions
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.
Secure 2.0 Act will help Americans build emergency savings: Here's how
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.
Secure 2.0 Act: Student loan payments will count toward 401(K) matching contributions
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.
Secure 2.0 Act aims to revamp retirement savings system: What it means for you
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.
Inflation, market volatility pushes most Americans to set money goals in 2023: report
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 workers don't have a 401(k): Here's how you can start saving
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.
Congress includes major retirement overhaul in year-end $1.7T spending bill
The $1.7 trillion omnibus spending package includes a series of provisions that could overhaul the U.S. retirement system and allow Americans to save more.
Most Americans worried that Social Security benefits won't keep up with inflation: AARP survey
Ninety percent of Americans who are already drawing Social Security retirement benefits, or are in line to receive them, said they're worried payments won't keep up with inflation, according to a recent AARP survey.
Adults worry inflation is creating retirement shortfall for parents, see home equity as solution: survey
Amid concern over whether aging parents will have enough retirement savings, a growing number of adults have embraced the idea of using their parents' home equity as a financial solution, according to an American Advisors Group (AAG) survey.
IRA balances dropped nearly 25% amidst market volatility: Here's how to protect your retirement savings
IRA balances fell in the third quarter of 2022 in the midst of market volatility. Here’s how to keep your retirement on track in any economic cycle.
Inflation is top reason Americans need more savings for retirement: survey
Americans said that they needed 20% more than last year to retire comfortably, a Northwestern Mutual study said.
401(k) 'hardship' withdrawals surge to record high as inflation squeezes Americans
More Americans are using their 401(k) retirement plans to help cover financial hardships as consumers continue to confront persistently high inflation.
Only 38% of Americans have discussed their aging parents finances
It is critical that adults talk with their aging parents about their finances in order to ensure they are solvent as they head into retirement. However, only 38% of people have done so.
Robinhood delivering IRA match
Robinhood announced on Tuesday it is offering individual retirement accounts (IRAs) with a 1% match on contributions.
Americans prioritize retirement savings after COVID-19 pandemic, survey says
Many Americans said the COVID-19 pandemic made saving for retirement a financial priority but 51% did not believe they have enough income to save toward this goal, a Transamerica survey said.
Florida couple loses $25,000 in 'Grandparents Scam'
An elderly couple in Central Florida was scammed out of $25,000 in what deputies are calling an elaborate "Grandparents Scam."
Labor Department clears path for 401(k) plans to offer ESG funds
Labor rule reverses Trump era rule making ESG investing more difficult. Whether ESG adds value or just promotes a socialist agenda is still hotly debated.
Average 401(k) balances drop below $100,000: Fidelity
Retirement investors at Fidelity have seen the average 401(k) balance slip below $100,000 and the rate of saving has slowed.
Ken Griffin on FTX: 'One of the absolute travesties' for financial markets
Billionaire investor Ken Griffin, the founder and CEO of multinational hedge fund Citadel, warned that the collapse of cryptocurrency giant FTX could weaken confidence in financial markets at large and hurt the ability of younger investors to save for retirement.



















