Lee Conrad

New research finds that Americans are stashing more cash in their 401(k)s than in savings account.

Not knowing the differences between a traditional IRA and a Roth IRA could be costly for retirement savers.

Adding five years to working years will enable workers to replace their pre-retirement income by up to 90% instead of 60% in some cases,

Tax-free withdrawals could outweigh an employer's match if early withdrawals are made for expenses like healthcare.

Retirees should stick to their strategies and diversify their portfolios with various sources of income.

Employees should do a quick assessment of their retirement prospects while still working.

One strategy to enhance financial prospects is to get a part-time job via the gig economy.

Many younger workers find it difficult to think beyond their student debt, which averages $32,731 with an average monthly payment of $393, according to the Federal Reserve.

Missing required 401(k) minimum distributions are subject to a penalty equal to half the amount that should have been taken.

Although the current year has been good for participants, many workers are not investing in a retirement plan.