401(k)

Above-average company contributions are essential to helping workers save for retirement and live comfortably during their post-work years, according to a Wells Fargo report.

More states should follow in California’s footsteps in making it easier and cheaper for seniors to tap home equity, writes Alicia Munnell, director of the Center for Retirement Research at Boston College.

Ted Benna, known for his work with early planning on the retirement vehicle, sounds the alarm about economic landmines that remain — four decades since the advent of the 401(k).

Ted Benna, known for his work with early planning on the retirement vehicle, sounds the alarm about economic landmines that remain — four decades since the advent of the 401(k).

Workers are advised to contribute enough to their workplace plans to get the match even while paying off their college debt.

The wealth in retirement accounts could shrink by that much due to annual defaults on 401(k) loans. The projected loss is about 2.7% of the $7.8 trillion in retirement accounts.

Seniors will have to pay income taxes on a certain portion of their benefits if their taxable income plus 50% of the benefits exceed a certain threshold.

Premiums appear to be stabilizing finally and even dropping in some states.

While 75% of rich older Americans are worried about healthcare costs in retirement, very few of them are actually planning on how to cover these expenses.

Employers with “great” retirement plans are significantly more likely to have higher margins and revenue per employee than those with average plans.