Editorial Staff

While workers are better off leaving their money in the plans, they’re allowed to make penalty-free withdrawals if it’s for out-of-pocket medical bills not covered by insurance.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

A retired substitute teacher can expect a two-thirds cut to her Social Security spousal benefits because of the government pension offset provision.

92% of 401(k) participants are unaware of the fees they pay in their plans, creating the potential to lose a substantial amount of retirement savings

Investors should learn to ignore market forecasts and predictions and stick to their comprehensive plan.

Retirees can hear different perspectives from other patients and learn more about their medical conditions.

Many Americans are facing bleak retirement prospects as a result of the current do-it-yourself retirement system.

A survey has found that running out of savings and lack of Social Security benefits tops the list of concerns.

Many pension plans are facing financial woes, with many of them reducing pension payouts to their beneficiaries.

Underestimating longevity is one of the blunders that clients should sidestep when preparing for retirement.

Clients should consider switching to a Roth IRA or Roth 401(k) as investment growth and distributions are not subject to tax.

Although clients pay taxes on the contributions they make, they can still expect tax savings as their money grows tax-free and future distributions are exempt from taxes.

Although retirement investors lose from the decline in bonds' value, they stand to gain from the rising payouts from 10-year Treasury bonds.

Although retirement investors lose from the decline in bonds' value, they stand to gain from the rising payouts from 10-year Treasury bonds.

The total retirement funds of 100 CEOs can match the combined nest eggs of 41% of U.S. households that saved the least for retirement.

The total retirement funds of 100 CEOs can match the combined nest eggs of 41% of U.S. households that saved the least for retirement.

Investors are advised to reduce their risk capacity and get their portfolio ready for the distribution phase once they are within five years of their retirement.

Investors are advised to reduce their risk capacity and get their portfolio ready for the distribution phase once they are within five years of their retirement.