The late Charlie Munger was quoted: “The first rule of compounding: Never interrupt it unnecessarily.” The poster’s ...

This year, older workers will have ways to save more for retirement, spend less on medicine and see other ways to improve ...

However, companies have steadily moved away from these plans in favor of defined contribution plans, which assign workers the ...

Will the economy strengthen or worsen in the coming year? It's anybody's guess. A Gallup poll reveals that 54% of Americans expect employment to increase in 2025. But on the flip side, 45% of ...

If you’ve been affected by a major disaster, such as the wildfires in California, you may be eligible to tap your retirement ...

Fact checked by Giselle Cancio Once you've hit age 50, there's a good chance you've been saving money for years, if not ...

The additional $7,500 that workers 50 and older are eligible to contribute to a 401 (k) is known as a catch-up contribution. A SECURE 2.0 Act rule change that went into effect Jan. 1 now enables ...

Braun is also pushing to phase out the state's tax on retirement income over the next four years. That tax rate is a little over 3% of income form pensions, 401 (k)s and any other retirement savings ...

However, it's possible to have too much of a good thing. Maxing out your 401 (k) could seem like a smart idea in theory, but ...

For early retirees, using an annuity is one way to bridge the years between leaving the workforce and claiming Social ...

More people are setting cash aside for retirement and a big reason for the increased saving is auto-enrollment.

Retirement planning is no longer an easy task. Age, retirement plan options, taxes, and required minimum distributions (RMD) ...