IRAs

With retirement pressures mounting, Gen Xers and baby boomers are increasing IRA contributions in a bid to catch up, according to a new Fidelity study.

SIMPLE IRAs provide greater investment flexibility than traditional options, making them appealing to employers and employees alike.

The court filings seek to overturn two injunctions federal courts imposed after finding the Department of Labor's new conduct standard is too similar to a previous one vacated in 2018.

Additionally, one in three adults with long-term nest eggs pulled out money for daily living costs, a U.S. News & World Report survey found

Peg Creonte, president of government savings at Ascensus, explains how tax-advantaged savings programs can be a key to long-term financial wellness.

A new bill taking shape in Congress is full of popular ideas and backed by both parties. But some experts say it doesn’t go far enough.

The current system doesn’t support the growing independent workforce, hybrid teams and isn’t supported by evolving digital technology — which could have big repercussions for employers.

As more and more employees gear up to leave their jobs in a post-pandemic hiring frenzy, economists fear the issue will only get worse.

In unique circumstances, contribution limits to a Roth IRA do not apply. Here’s why.

Employers shifting from defined benefit plans to defined contribution plans has made putting money away more complicated.

To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.

If the court ends up making this choice, intended family members may lose out — all for want of filling out a one-page form.

Gauging any possible changes to their health insurance coverage is just one consideration they must address before they retire.

Older clients are advised to take extra steps to protect their finances as the current crisis may leave them prone to making poor financial decisions.

Clients are advised to minimize spending and tap possible sources of cash and credit, including their tax refund.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.

Aside from refinancing, retirees are advised to consider downsizing their homes to reduce overall spending.

To start, these clients are advised to start saving as early and contribute enough to their 401(k)s to qualify for their employer's matching contribution.

Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.

Taking advantage of catch-up contributions is one of several methods that can help them get back on track.