Employees should be thinking about their kids’ retirement, too
Workers can use Roth IRAs, 529 plans and — yes — life insurance to give their children a head start.
Retirement scan
How gig economy workers can save for retirement
Those with 1099 income have several tax-advantaged options.
A different take on taxes for employees planning to retire early
“They’re looking at their future and saying, ‘If I pay taxes today, I could potentially have more tomorrow,’ ” one expert says.
These Social Security myths could harm employees’ retirement accounts
Careful planning can help prevent workers from shrinking their benefits based on misperceptions.
Gender gap in retirement savings is a huge problem
Single women in their early 60s have saved roughly $37,000 less than men.
How to help employees free up cash for their 401(k)s
Target-date funds can help risk-averse young workers ease into investing.
Millennial employees: stop ‘saving’ for retirement
Target-date funds can help risk-averse young workers ease into investing.
Do married women face greater retirement risks?
Dual-income couples benefit less from Social Security.
The flawed advice being peddled about saving for retirement
Savers can expect investment returns through compounded growth as long as they don’t lose from a market downturn.
Don’t let employees fall victim to these retirement myths
There are many misconceptions that can lead to financial hardships in retirement.
As workers save for retirement, remember these 6 key HSA features
A health savings account can be a great savings vehicle for people who are preparing for retirement.
Steps employees should take before contributing to a 529 plan
Funding a 401(k), 403(b) or company-sponsored retirement savings vehicle should come first, an expert says.
Proposed law could change rules for IRA withdrawals
The legislation includes a provision that would raise the age limit for making contributions and taking required minimum distributions.
401(k) tweaks that can help clients reach retirement sooner
Plan participants should consider boosting their contribution rates if they are planning for an early retirement, says one expert.
Employees don’t need to be millionaires to retire comfortably
Living a luxurious lifestyle for less is a possibility — provided retirees are willing to move overseas.
How 401(k) savers can avoid a nasty surprise come retirement
Although taxes on traditional 401(k) contributions are deferred, distributions will be subject to ordinary income taxes in retirement.
How much should employees take out of their portfolio when they retire?
Workers should develop a sustainable withdrawal strategy to ensure that they won't outlive their savings.
The one huge expense most retirees aren’t ready for
An average couple aged 65 who are about to retire this year will need $285,000 to cover healthcare expenses.
3 ways to boost employees’ retirement savings without upping their contributions
Ensure their contributions don't exceed the limits to avoid a penalty tax.
Nearly half of baby boomers make this pricey mistake
As much as 46% believe Medicare will cover the costs of long-term care.
