Americans delay medical care over lack of savings, survey says
Thirty-eight percent of respondents said they or a family member had to put off medical care because of cost in 2022, the most in the 22-year history of Gallup's survey.
Retirees lost 10% of their savings in 2022, survey says
Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.
Americans prepare for a recession by paying off debt, survey says
Of the 81% of middle-income survey respondents who said they expected a recession this year, 62% said they are planning to or have already taken measures to face tougher economic times, according to Primerica’s recent survey.
Valentine’s Day and finances: Here’s how couples approach discussing money
Thirty-one percent of respondents said that they mentioned personal finances on the first date or within the first few dates, according to consumer financial app Cleo's dating and money survey.
When should you borrow from your 401(k)? Use 'as a last resort,’ Fidelity adviser warns
As inflation rages on, more Americans are borrowing from their 401(k)s to cover emergency expenses. Fidelity's Leanna Devinney offers her best alternative options.
Borrowing from your 401(k) should be used ‘as a last resort’: Leanna Devinney
Fidelity Investor Centers branch leader Leanna Devinney discusses alternatives to tapping your 401(k) to cover an emergency expense.
Americans burn through pandemic savings as high inflation pinches
U.S. households built up a cushion of savings during the COVID-19 pandemic, but they are rapidly spending it amid the highest inflation in a generation.
Divorce attorney Vikki Ziegler discusses the harm financial ‘secrets’ could have on your marriage
FOX Business’ Lauren Simonetti took to the streets of New York City to get people’s take on the recent Bankrate survey that revealed 40% of Americans who are married or living with a partner commit ‘financial infidelity.’
'Sandwich generation' survey says Americans caring for children and aging parents are financially stressed
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.
Contributions to retirement savings accounts reached all-time high amid COVID-19 pandemic
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.
Americans fear recession, but most believe their jobs are safe: Survey
Many Americans have a negative outlook on the economy, but say they didn't believe a downturn would impact their jobs, according to a new survey.
Country star John Rich joins with Ben Carson, Larry Elder to launch 'Old Glory' bank
Country music singer and songwriter John Rich says 'Old Glory' bank supports freedom and patriotism on 'Maria Bartiromo's Wall Street.'
Secure 2.0: More part-time workers will be eligible for 401(k) plans
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.
Secure 2.0 Act: Required minimum distribution age increases for IRAs
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.
Inflation drops in December – will the Fed slow interest rate hikes in 2023?
Inflation eased in December, but interest rates are likely to increase a few more times in 2023. However, the rate of increase could slow, one Fed official says. Here's what it means for you.
New Year's financial resolutions: Americans look to boost emergency funds in 2023
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.
Secure 2.0 Act: Americans will be able to make tax-free transfers of 529 plan funds to Roth IRAs
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.
Secure 2.0 Act helps savers nearing retirement boost catch-up contributions
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.
Secure 2.0 Act will require companies to auto enroll workers into 401(k) plans
Companies that offer 401(k) plans will be required to automatically enroll their employees beginning in 2025.
Secure 2.0 Act will help Americans build emergency savings: Here's how
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.