It’s easy to assume that if you retire with $1 million or $2 million saved, you have enough to “take what you need.” But ...
Depending on your age and your employer, a defined benefit pension could significantly shape your retirement outlook. The guaranteed monthly income offers stability, but it brings unique ...
Social Security's Full Retirement Age will reach 67 in 2026 for everyone born in 1960 or later, marking the final scheduled ...
The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...
Falling behind on retirement savings? Discover some practical ways to boost your savings, cut costs and build income in your ...
New research finds U.S. public pension plans have shifted to more diverse investment portfolios, which enabled these funds to grow, deliver reliable benefits, and withstand market turmoil during and ...
Keep in mind that if you earned more than $150,000 in 2025, your only option for making a 401 (k) catch-up contribution in 2026 will be a Roth 401 (k). That means you'll lose the tax break on the ...
In 2022, the last year for which there’s data available, the average retirement savings balance for 65- to 74-year-olds was about $609,000, according to the Federal Reserve. Now stock market gains ...
Planning for retirement often focuses on maximizing income, but the fate of pensions after death is a crucial, yet often overlooked, aspect of estate planning. While the state pension typically ends ...
On Wednesday, federal retirees who retired under the Civil Service Retirement System, current CSRS employees and a multitude of other state and local public service employees who receive pensions from ...
Workers on strike at Boeing really want a traditional pension plan reinstated – so much so that on Wednesday they rejected an offer from the company to contribute up to 12 percent a year to their ...