Amanda Schiavo

Funding a 401(k), 403(b) or company-sponsored retirement savings vehicle should come first, an expert says.

The legislation includes a provision that would raise the age limit for making contributions and taking required minimum distributions.

The company’s 1,300 clients will now have access to an education benefit that can help organize the college planning process.

Plan participants should consider boosting their contribution rates if they are planning for an early retirement, says one expert.

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

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

This move addresses “the absolute lowest hanging fruit” when it comes to fixing the health insurance market, one expert says.

“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.

Ensure their contributions don't exceed the limits to avoid a penalty tax.