Retirement

If you have a special number in mind for your golden years, it should be how much you’ll be able to spend each year. And financing that spending brings many new risks into the picture.

When employees can control their short-term finances it makes them more willing to invest in their long-term success.

About 2.7 million Americans age 55 or older are contemplating retirement years earlier than they’d imagined because of the pandemic.

With the tax-free status, employers do not have to pay payroll taxes on the contribution and employees do not have to pay income taxes on the benefit.

More than a third of respondents who said they’d retired earlier than planned said a hardship like a health problem or disability was the reason.

Our most-read Views columns explore how employers are helping their employees reach their financial and holistic well-being goals.

It’s now up to employers to help workers understand how to rebuild retirement savings and regain financial security.

The pandemic-driven migration out of big cities could lead to more missing participants, and going forward, more small, stranded retirement accounts.

Alphabet said it will create a bonus program for senior executives that’s partly based on their performance in supporting environmental, social and governance goals.

Three-quarters of employees feel confident that they will have a comfortable lifestyle in retirement.