17 Nov Should You Pay Off Student Loans Early or Save More for Retirement?
For adults with student debt and extra money on hand, deciding whether to pay off student loans early or put those funds toward retirement can be tricky. It's a financial...
Retirement
27 Oct Working in Retirement
In 2020, 74% of workers said they expected to work for pay after retiring from their regular jobs, but only 27% of retirees said they had actually done so. This...
22 Sep How Much Have You Thought About Retirement?
It's difficult to achieve positive results without planning, yet less than half of workers ages 55 and older have actively planned for retirement. Planning is even less common for those...
11 Sep Almost Nine Out of Ten Women Qualify for Social Security on Their Own
Because of a long-term rise in the employment rate for women of all ages, the percentage of women ages 62 to 64 who are fully insured for Social Security retirement...
08 Sep Managing Your Workplace Retirement Plans
About 80 million Americans actively participate in employer-sponsored defined contribution plans such as 401(k), 403(b), and 457(b) plans.1 If you are among this group, you've taken a big step on the...
25 Aug Tapping Retirement Savings During a Financial Crisis
As the number of COVID-19 cases began to skyrocket in March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The legislation may make it easier for...
07 Aug Four Questions on the Roth Five-Year Rule
The Roth "five-year rule" typically refers to when you can take tax-free distributions of earnings from your Roth IRA, Roth 401(k), or other work-based Roth account. The rule states that...
05 Aug Investor Psychology: Behavioral Biases That Can Lead to Costly Mistakes
The field of behavioral finance focuses on the emotional and cognitive aspects of investing. In recent decades, well-known economists have advanced the theory that investors' decisions can be driven by...
24 Jul Five Key Benefits of the CARES Act for Individuals and Businesses
By now you know that Congress has passed a $2 trillion relief bill to help keep individuals and businesses afloat during these difficult times. The Coronavirus Aid, Relief, and Economic...
24 Jul Stay-at-Home Spouse? Consider a Spousal IRA
An ongoing study of IRA accounts has consistently found that women, on average, have lower retirement savings balances than men (see chart). Though there may be multiple reasons for this...