Retirement readiness

The government should promote universal access to retirement savings and give workers more options for the spend-down phase of retirement, according to the study.

Safe harbor 401(k)s and cash-balance options can often maximize contribution levels while saving plan sponsors’ tax money.

The government should promote universal access to retirement savings and give Americans more options for the spend-down phase of retirement, according to the study.

The U.S. retirement age is rising, as the government pushes it higher and workers stay in careers longer.

Employees will be allowed to put an extra $500 into their 401(k) next year.

Experts say plan sponsors should educate workers about the retirement program and explain how it can help them for prepare for post-work years.

The Disaster Tax Relied and Airport and Airway Extension Act provide both hardship distribution tax relief and more generous participation loan rules for those living in areas hit by recent disasters.

An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years, according to UBS.

This person in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years.

In one year, Betterment for Business has helped the company increase plan participation by more than 60%.