Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for self-employed people, such as SEP and SIMPLE IRAs. Many, or all, of the ...

The Internal Revenue Service (IRS) on Friday announced that it increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation.

Maureen, 67, is planning to vote for former President Donald Trump in November because she believes he'll be more beneficial to her finances now that she's retired. The northeast Pennsylvania ...

Americans must earn a certain amount of Social Security credits in their lifetime to become eligible for retirement benefits, earned through working and paying Social Security taxes. It currently ...

When you use links on our website, we may earn a fee. Entering retirement is a transition that’s worthy of celebration, and what better way to acknowledge their years of hard work than with a ...

One of the biggest questions on the minds of soon-to-be retirees is, “Will I have enough money to live on when I retire?” Leaving the workforce and finally gaining back all your time for rest ...

Retirement can seem like a far-off fantasy for many, and something only the truly wealthy can ever look forward to achieving. According to a 2024 study by Northwestern Mutual, the average American ...

Here’s a look at retirement rules and benefits available to citizens around the globe. Changes in the global economy, longer life expectancies, and declining birth rates are creating challenges ...

Shaun Corbett found retirement so dull that within six months he applied to become a bus driver. The father-of-three retired from his six-figure role as operations director at a fire alarms and ...

Some politicians have proposed raising the age at which Social Security beneficiaries could receive their full retirement benefits to help address the program's budget shortfall. Those who support ...

There is no silver bullet when it comes to saving for retirement, nor is there a single strategy that works for everyone. That said, there are often better ways for each individual to save, depending ...

The best and most tax-efficient retirement income strategy depends on your asset mix, tax situation, ... [+] and long-term goals. As you approach retirement, it’s important to develop a ...