Not everyone has a 401(k) at work, but that is irrelevant. Retirement safeguards are in place for workers, and besides, anyone can open an IRA either at a bank or online.
The Employee Retirement Income Security Act of 1974 has evolved over the past four decades.Read More
Advocates say the best place to address these issues is at the state level, and California is the closest to implementing a state-run plan.
What is the trend among large corporations to offer retiring leaders some guidance or preparation for both the financial and emotional impact of retirement? Why do they do it and what types of services do they offer?
— Fact-finding Mission, president, consulting/legal, Los Gatos, California
The employee cycle; (not) getting schooled; job hop; when I'm 65.Read More
A recent study indicated that 48 percent of respondents believe they will need $50,000 to pay for individual health care costs in retirement, but the true cost is estimated at four times that amount.Read More
Research shows that not every U.S. worker is saving for retirement, but experts disagree on who’s to blame.Read More
Workers are stashing away cash. It just may not be enough to feather the nest egg for long once they retire.Read More
While the same percentage of men and women participate in company 401(k) plans, men saved an average of $100,000 compared with $59,300 for women.Read More
The American Taxpayer Relief Act of 2012 made it possible for participants to convert all the money in their traditional plan to a Roth, if the employer offers the plan.Read More