IRAs

Only less than one-third of workers polled by TIAA claimed that they are contributing to an IRA

Employees should consider that state laws may differ on who may be legally recognized as a beneficiary's spouse and thus whether their partner would be entitled to spousal benefits.

While the funds are ideal for certain people, they don't address important retirement considerations, such as the cost of funding a comfortable living and a person’s savings rate.

IRA investors can draw funds from their accounts tax-free if the money will be used to fund college tuition and other related costs.

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,

Employees looking to launch a business should consider collecting their retirement benefits early.

The law allows clients the ability to make tax-free withdrawals for elementary and secondary school expenses.

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

Workers may want to opt for a fund that follows small companies as they will benefit from a lower corporate tax rate under the new tax law.

A pension expert from the Netherlands says that the U.S. retirement system sets a bad example in securing the golden years of its workforce.