Saving for retirement will get a modest boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act, which became law at the end of 2023.

The retirement age refers to when seniors can receive monthly benefits for the full amount they're entitled to. The benefit can be claimed earlier, starting at age 62, but the payments will be less.

Steps to take to be financially secure—now, and into retirement Vikki Velasquez is ... make extra payments on your highest-rate card. The method Davis describes is called the debt avalanche.

Goodbye, target-date funds. So long, bonds. An all equities portfolio is the far better way to build the largest nest egg possible for retirement; to generate a larger paycheck in retirement ...

Studies show those who spend more report greater satisfaction in retirement, yet older Americans often live below their means. The prospect of a life of 95 or 100 years turns many into penny ...

Economist Alicia Munnell, one of the nation’s leading experts on retirement, has some advice that may seem counterintuitive: The key to a successful retirement, she says, is not to retire.

Simplified employee pension (SEP) IRAs are retirement vehicles managed by small businesses or self-employed individuals. According to the IRS, employees (including self-employed individuals ...

By Brian J. O’Connor Here’s the first thing to remember about withdrawing retirement money: It’s all about the cash flow. The second thing? You might want to get some help managing it.

This simplified method, the government believes, can now be adapted for semiconductor companies, with the percentage rate to be determined after studying the industry’s profit margins ...

Cavedon tried out retirement in his fifties and quickly discovered it wasn’t for him. The flexibility was nice, but he was soon bored with spending his days puttering around the house ...

The income limits for Roth IRA eligibility are increasing. Saving in 401(k)s and IRAs is a smart way to put money aside for retirement. However, there are rules you need to know in order to take ...

(NewsNation) — Nearly half of U.S. retirees lack a formal strategy for withdrawing their retirement savings ... income can fluctuate significantly from year to year. Under this method, retirees only ...