News

Economists are skeptical that tariffs are the best way to achieve the stated goals of reshoring production, reducing the trade deficit, serving as leverage with nations in various negotiations, and ...
Sharp Medicaid cuts could result in vulnerable Americans no longer being able to receive care, either by losing coverage or ...
An after-tax 401(k) contribution allows you to deposit more than the $23,000 pretax limit for 2024 ($30,500 for those age 50 or older). The total 401(k) contribution limit that includes employer ...
Fidelity recommends putting aside three times your annual income by age 40. Here's how to get the most out of your savings to ...
Where you live during your golden years can make a measurable -- but likely not life-changing -- difference in your net ...
How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's passed by Congress.
Workers in their 50s have kept contributions steady, but many still fall short of recommended retirement savings targets ...
And how we each interpret the state of our finances can be a challenge. No matter what I say and no matter how clearly I say ...
If the OP exhausts all other options and has no choice but to take funds from his 401 (k), then he can expect to be hit with a 10% early withdrawal penalty, and will also be taxed on the ...
A Reddit user is thinking of taking money out of his 401(k) after a layoff. Other posters suggested he avoid the early withdrawal by making sure he and his wife are signed up for the benefits they ...
More than one-third of Fidelity plans now auto-enroll employees in 401 (k)s at a contribution rate of 5% or higher. “Unless a new hire takes action, they’re going to be saving for the plan ...
And, ultimately, how much you’ll need for retirement depends on your lifestyle, health and personal goals. It’s never a bad idea to put yourself in the position where working is an option that ...