Savings

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.

Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.

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.

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.

Companies that offer 401(k) plans will be required to automatically enroll their employees beginning in 2025.

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.

Seventy-four percent of respondents said that cost of living increases impacted their spending decisions for 2023. However, 36% said they still planned to prioritize paying off debt.

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 consumers planning to set goals for the new year intend to make financially-focused ones, according to a survey released on Tuesday by Numerator.

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.

New Year’s financial resolutions include saving more money and paying down debt, according to a survey by Fidelity Investments. Here’s how to keep your finances on track in 2023.

About 29% of U.S. adults indicated they anticipate their personal finances worsening in the coming year, according to a Bankrate.com survey released on Monday.

With the end of the year approaching, many workers anticipate getting bonuses from their employers. There are multiple good things people can do with them.

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 and higher costs have many parents concerned if they can afford their children's college tuition, a recent survey said.

Inflation is forcing Americans to cut back on personal savings and retirement funds. Here’s how you can manage your finances amid economic uncertainty.