Retirement income

A health savings account can be a great savings vehicle for people who are preparing for retirement.

Funding a 401(k), 403(b) or company-sponsored retirement savings vehicle should come first, an expert says.

Group long-term care insurance can help employees protect their assets and relieve some of the stress of caregiving — as well as benefit clients, too.

Plan participants should consider boosting their contribution rates if they are planning for an early retirement, says one expert.

Group long-term care insurance can help employees protect their assets and relieve some of the stress of caregiving — as well as benefit employers, too.

Saving for retirement is more important than paying off credit card debt or building an emergency fund, according to a new survey.

Living a luxurious lifestyle for less is a possibility — provided retirees are willing to move overseas.

Even among those who had some savings, people say they commonly lacked financial knowledge and were uncomfortable making investment decisions.

Although taxes on traditional 401(k) contributions are deferred, distributions will be subject to ordinary income taxes in retirement.

Workers should develop a sustainable withdrawal strategy to ensure that they won't outlive their savings.

Workers say they are less satisfied with their defined contribution plans and would like to see more investment options.

An average couple aged 65 who are about to retire this year will need $285,000 to cover healthcare expenses.

Workers say they are less satisfied with their defined contribution plans and would like to see more investment options.

Ensure their contributions don't exceed the limits to avoid a penalty tax.

Account balances for workers who changed jobs were 60% lower than those who stayed with one employer for a four-year period, according to one study.

Account balances for workers who changed jobs were 60% lower than those who stayed with one employer for a four-year period, according to one study.

Seniors who hold retirement savings in various assets should develop a tax-efficient withdrawal strategy.

In addition to increasing the age limit for required minimum distributions, the bill also makes it easier for employers to unite and form joint retirement plans.

Congress is considering open MEPs, fiduciary safe harbors and tax incentives as ways to incentivize employers to roll out retirement plans.

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.