Social Security cost-of-living adjustment will be 2.5% in 2025, less than prior year
Social Security retirement benefits, on average, will increase by roughly $50 per month starting in January, the Social Security Administration said on Thursday.
Some young people plan ‘microretirements,’ borrow against goals of their future selves: Report
Some American workers are sacrificing retirement later in life for more immediate, short term "microretirements."
These are the top 10 cities for retirees; 5 are in Florida
Florida remained a very retirement-friendly state in 2024, with five locales in the Sunshine State appearing among WalletHub’s 10 best retirement cities.
Americans reveal their biggest financial regret about potential retirement
Setting aside funds for retirement is important – and 22% of U.S. adults reported not starting the practice early enough brought them the most financial regret.
Best and worst states to retire in America, according to a new report
Bankrate ranked all 50 U.S. states in its report on the best and worst locations to retire. One state was given the top ranking, while another location landed at the bottom of the list.
Medicare coverage when traveling: What to know
Medicare is a safety net for millions of Americans but when your traveling not all the normal rules apply. Here's what to know.
Retirement crisis looms as women's savings just one-third of men's: report
Women in the U.S. are facing a potential retirement crisis, with a new survey of 55- to 75-year-old Americans finding that women's savings amount to just one-third of men's.
Looking for a new job? These are the financial secrets of signing on with a company
When you sign on to a new job, there are plenty of financial aspects to be mindful of in order to make the most money you possibly can.
Retirement account balances hit highest level since 2021
A new analysis by Fidelity Investments found Americans' retirement account balances are the highest they have been in more than two years, thanks to two major factors.
Biden issues new rule to crack down on bad retirement advice
The Labor Department on Tuesday finalized a rule that aims to crack down on retirement advice given by financial advisers, brokers and insurance agents.
Start investing today: 5 steps to take right now
For those new to investing, getting started isn't complicated. We breakdown how to get in the game in five easy steps.
Cost of living hinders younger generations from saving for retirement: Fidelity
Fidelity Investment's annual State of Retirement study found that over half of Millennials and Gen Z think saving for retirement will be harder in comparison to their parents.
401(k)s vs pension plans: What's the difference?
Pension plans and 401(k) plans can both help workers during their retirement years. While once commonplace, pensions have largely been replaced by 401(k)s in the private sector.
Valentine's Day: When love and money collide
Couples celebrating Valentine's Day may not be celebrating their financials. Many are on opposite sides of the fence when it comes to saving and spending money.
Revamp your finances: Smart financial new year's resolutions for 2024
When outlining your resolutions for the coming year, prioritize your financial wellness. Get expert guidance as a certified financial planner shares 2024's resolutions.
'Career cushioning,' latest workplace trend, has employees trying to protect themselves heading into 2024
A workplace trend known as "career cushioning" has employees setting up Plan B initiatives — so that if they're downsized by their companies, they're prepared for it. Here's what to know.
Biden cracks down on retirement junk fees that cost Americans billions a year
The Department of Labor proposed a retirement security rule requiring investment advisers to avoid recommendations that favor their financial and other interests at the expense of retirement savers.
Pension plans: The reasons behind the decline of fund contributions in today's job market
FOX Business is exploring the disappearance of pension plans in the contemporary job market. The reasons for the scarcity are due to the rise in individual retirement needs.
New IRS 401(k), IRA contribution limits a win if you need catching up
The IRS has announced new contribution limits for 401(k) plans, as well as an ammendent to IRA catch-up contribution limits, both of which can help workers reach their retirement goals faster.
Retirement crisis: Great Recession takes its toll on younger Boomers
The Great Recession diminished the retirement savings potential of late Boomers, a study found. And cost adjustments to Social Security could be smaller next year.