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The bill aims to help workers think in terms of lifetime income — as opposed to accumulated balances — by requiring benefit statements to include income estimates at least once a year.
March 22 -
These funds can help workers put saving plans on autopilot, but they can also take on more risk than expected.
March 21 -
Parents should ensure that their child has earned an income adequate enough to be able to open an account, among other requirements.
March 15 -
In a bull market's later stages, some types of investments work better than others. Find out which ones they are.
March 14 -
Many Gen Xers do not have enough retirement savings even as they approach their peak earning years.
March 12 -
Employees who converted traditional IRA assets into Roth last year can still undo the conversion this year if they are going to pay more in taxes than what they were supposed to gain
March 9 -
Benefit are usually expected to replace about 40% of their pre-retirement income, but that's an average, so many workers will get even less. The question is: how much less?
March 8 -
Despite the recent market downturn, workers should remain invested in their employer-sponsored 401(k) plan.
March 6 -
A decline in income as a result of the death of a spouse and an increase in medical expenses both pose a serious risk to retirement but can be curbed with proper planning.
March 2 -
Employees who intend to invest in an IRA and make the most of the account should determine which of a Roth and a traditional IRA will best suit their needs.
February 28