You might be inclined to open up your 401k account to assess the damage after every little bit of financial news. Resist this ...
The pound is trading at $1.22 this morning – a level last seen in November 2023. Elsewhere in the Money blog, Edinburgh is ...
The same research team that documented the impact of auto-enrollment and auto-escalation in 401 (k) plans has returned to the ...
If you have a tax-deferred retirement savings account such as a 401(k), taking earlier or larger withdrawals than required ...
Taxpayers are entitled to contribute a limited amount of pretax dollars to their 401 (k)s and IRAs each year, thereby reducing tax liability. To encourage those individuals to save the funds until ...
Many advisors turn to the 4% rule as a guideline. Developed by a financial advisor in the 1990s, this rule suggests that ...
One thing soon-to-be retirees need to start looking at carefully is where they fall in terms of Social Security benefits.
Cash-strapped pensioner homeowners are missing out on thousands of pounds of extra income by failing to claim their full ...
As we step into 2025, you may be setting financial goals. While you're at it, you should also keep tabs on the Social ...
A retirement expert has sounded the alarm, warning that accelerating plans to raise the state pension age could leave ...
Elizabeth Ayoola with NerdWallet said the earliest you can start collecting is 62 years old. However, the amount is permanently dinged 25% to 30% depending on your birth year. For example, if your ...
These seven milestone ages mark your eligibility for significant retirement benefits, including catch-up contributions and ...