Retire

Biden has vowed to convert the current deductibility of traditional retirement contributions into matching refundable credits for 401(k)s, IRAS and others.

If you're one of those workers nearing retirement and fearful you won't have what you need for a comfortable future, don't give up hope. Instead, if you take these four steps, you may find you'll be better off financially than you expect. 

Statistically speaking, a majority of seniors would be better served by waiting until age 70 to begin taking their Social Security retirement benefit. But this doesn't hold true for everyone.

A new study shows that 21% of Americans have not yet started saving for their senior years. Here's why you stand a better chance of accumulating enough of a balance to avoid financial struggles later in life if you start making modest contributions today.

It pays to file for benefits at 70 for one big reason: It's the easiest guaranteed way to boost your retirement income.

Here are three tricks to help reach. retirement faster and hold on to more cash.

Review the following three questions and make sure you're comfortable with the answers before you apply for Social Security benefits.

Payroll taxes fund Medicare and Social Security.

The coronavirus pandemic's toll on the economy did not keep Americans from growing their workplace retirement accounts, according to new numbers from Fidelity Investments.

Who would have thought just four months ago that your investments would have turned out quite like this: stocks at or near all-time record highs?

FOX Business reporter Gerri Willis discusses why Americans are retiring earlier and how a coronavirus vaccine will pick up the economy.

Here are three situations in which it may be a good idea to consider waiting as long as you can to begin claiming.

Here is why absolutely every adult should have a will.

The CARES Act allowed individuals to skip taking their required minimum distribution in 2020, but some people may have already received it prior to the onset of the policy. Therefore, the IRS said it will allow people to roll that cash back into certain defined-contribution retirement plans by Aug. 31.

Most workers made no adjustments to their retirement plan contributions.

The virus-induced economic crisis is causing Americans to reconsider and make changes to their retirement plans and goals.

If you plan to rely on Social Security as a primary source of income in retirement, it's important to ensure you're aware of a few of the ways you could potentially lose your benefits.

Social Security's COLA determination affects more than just what its 64 million-plus beneficiaries take home each month. The fact is that a 0% COLA could have high-income earners jumping for joy.

Whether you'd planned on retiring next year, in 2030, or much later, it's wise to revisit your financial plan in these uncertain economic times. Here are four strategies you can implement to improve your retirement outlook during this uncertain time.

Your Social Security benefits may take a hit down the road due to the coronavirus pandemic. Here's why.