Retirement planning

Texas, Rhode Island and New York all made WalletHub’s list of worst states for retirement. Is your state on the list?

Despite early withdrawals, U.S. employees managed to save more for retirement last year.

Which state was ranked the best place to retire? WalletHub rated the best states for retirement, based on affordability, quality of life and overall health.

Just 23% of employees surveyed felt their employers were making a “significant effort” on financial wellness, and only 20% of employees expressed the same sentiment about retirement preparedness.

While we all hope for an end to the pandemic, and a return to economic and social normalcy, in 2021, interest rates are likely to stay at their near-zero levels for the foreseeable future. Every dollar will count for retirement-savers.

The rule permitting a plan sponsor to allow qualified individuals to delay their loan payments that may generate the most lasting impact for plan sponsors.

The pandemic has highlighted several key lessons employers need to consider when it comes to retirement.

“The pandemic has laid bare the widening gap between the financially secure and insecure in this country,” says Yanela Frias, president of Prudential Retirement.

From COBRA premiums to long-term care, there are surprising uses for funds in these tax-advantaged accounts.

There is both a social and economic benefit for employers as well as their employees when they adopt a student loan assistance benefit.