Retirement

More than 8,000 employees have enrolled in the benefit since the accounting and consulting firm launched its program in 2016.

Even among those who had some savings, people say they commonly lacked financial knowledge and were uncomfortable making investment decisions.

Although taxes on traditional 401(k) contributions are deferred, distributions will be subject to ordinary income taxes in retirement.

Executives are making career changes in the brokerage, pharmacy benefit and insurance industries.

Workers should develop a sustainable withdrawal strategy to ensure that they won't outlive their savings.

Retired Sears workers want to create a committee to protect their interests after a retiree died shortly after his life insurance was canceled.

Small- and medium-sized companies will have access to the software platform’s database of benefit advisers.

Workers say they are less satisfied with their defined contribution plans and would like to see more investment options.

“If you only focus on student loans, then you’ve lost 10 years of retirement planning,” says one expert.

An average couple aged 65 who are about to retire this year will need $285,000 to cover healthcare expenses.