IRAs

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

To build their wealth, retirement savers are advised to take advantage of tax-advantaged plans including 401(k)s and IRAs.

If they fear a sharp downturn, seniors may want to avoid locking up their retirement accounts in long-term bonds.

Seniors who negotiate for such an arrangement should consider their finances, flexibility and mutual benefits.

Age discrimination, unpredictable life shocks and involuntary retirement casts serious doubt on the “work longer” thesis.

The next generation can assist loved ones with applying for financial assistance, reducing expenses and developing a financial plan.

In addition to generally offering poorly performing investment options, these accounts also stick participants with potentially high administration fees.

In addition to generally offering poorly performing investment options, these accounts also stick participants with potentially high administration fees.

Retirees who outlive their savings are among those most at risk.

The move is expected to prevent fund leakage through opt-out rollovers when workers leave a job, industry experts say.