Rethinking Retirement

Nearly 3% of workers made hardship withdrawals from their defined contribution plan in 2022, an increase from 2.1% in 2021, Vanguard's How America Saves 2023 report said.

Sixty-three percent of American adults are working with inaccurate longevity measures when they plan for retirement, according to the most recent TIAA Institute-Global Financial Literacy Excellence Center (GFLEC) Personal Finance Index survey.

Half of Americans saving for retirement said they had to pause contributions at some point during 2022 to deal with rising costs, according to a new survey.

Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.

Sixty-six percent of Americans caring for kids and an aging parent said they are at least "somewhat stressed" about the costs of those responsibilities, a Policygenius survey said.

Savings contributions increased, hitting an all-time high and Roth 401(k) accounts have grown more popular. Here's how to determine the best savings plan for you.

With inflation and the cost of living on the rise, older workers are increasingly looking to the gig economy to keep afloat, according to data released by the AARP.

Part-time employees who’ve worked two consecutive years and completed at least 500 hours of service each year can enroll in their company's 401(k) or 403(b) plans, beginning in 2025, as stated in the Secure 2.0 Act. Here’s what it means for you.

The required minimum distribution age (RMD) has increased from 72 to 73, meaning Americans can leave their investments in longer before needing to make withdrawals. Here’s what you need to know.

Up to 15% of a person’s Social Security benefits can be garnished to pay student loans in default.

Building up their emergency funds is a New Year’s financial resolution for many Americans, according to a survey by Personal Capital. Here’s how to boost your savings.

Starting in 2024, Americans can make tax-free rollovers of eligible 529 plan funds to a Roth IRA in the same beneficiary’s name. Here's what that means for you.

The Secure 2.0 Act of 2022 – a follow-up to the 2019 Secure Act – allows for an increase in "catch-up" contributions for people nearing retirement.

Companies that offer 401(k) plans will be required to automatically enroll their employees beginning in 2025.

Beginning in 2024, sponsors of individual account plans can create "emergency savings accounts" that allow employees to make Roth after-tax contributions to special savings account within the retirement plan.

The Secure Act 2.0 will let companies make 401(k) employer matches based on employees’ qualified student loan payments, beginning in 2024. Here’s how to pay down student loan debt quickly.

The Secure 2.0 Act, which was been signed into law, may help Americans save more for retirement. Here’s what you need to know.

Ninety percent of Americans who are already drawing Social Security retirement benefits, or are in line to receive them, said they're worried payments won't keep up with inflation, according to a recent AARP survey.

Americans said that they needed 20% more than last year to retire comfortably, a Northwestern Mutual study said.

It is critical that adults talk with their aging parents about their finances in order to ensure they are solvent as they head into retirement. However, only 38% of people have done so.