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401(k) plans

New bills aim to make it easier for disabled individuals to save money

by Adrian Jhonsan
New bills aim to make it easier for disabled individuals to save money

Witthaya Prasongsin | Moment | Getty Images Congress enacted legislation a decade ago to create accounts to help people with disabilities save money. Yet only a fraction of the 8 …

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Gen X reaches retirement withdrawal age; experts say don’t use the money

by Adrian Jhonsan
Gen X reaches retirement withdrawal age; experts say don’t use the money

Fg Trade | E+ | Getty Images Gen Xers are starting to reach age milestones that give them penalty-free access to certain retirement funds. The eldest members of that generation …

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Categories World

Here’s how to be a retirement ‘super saver’

by Adrian Jhonsan
Here’s how to be a retirement ‘super saver’

Hispanolistic | E+ | Getty Images A retirement savings crisis is looming for people who have 401(k) plans and other retirement balances woefully short of what they will need to …

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Kyla Scanlon on Gen Z’s divided investing attitudes

by Adrian Jhonsan
Kyla Scanlon on Gen Z’s divided investing attitudes

Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated world,” she told CNBC’s “ETF Edge” this week.  Scanlon, 26, …

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As retirement looms, many Gen Xers are still playing catch-up

by Adrian Jhonsan
As retirement looms, many Gen Xers are still playing catch-up

Fg Trade | E+ | Getty Images As older members of Generation X inch toward their golden years, the pressure of retirement saving is on — especially for those sandwiched …

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Categories World

Industries where workers tend to have higher 401(k) balances

by Adrian Jhonsan
Industries where workers tend to have higher 401(k) balances

To gauge your retirement preparedness, you may compare your 401(k) balance with other savers’ progress. But you might find that people in your field are a better comparison point than …

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Categories World

Why you may be saving more in your 401(k) — and not even know it

by Adrian Jhonsan
Why you may be saving more in your 401(k) — and not even know it

Aleksandarnakic | E+ | Getty Images You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in …

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Categories World

Lawmakers debate if child savings accounts may reduce wealth inequality

by Adrian Jhonsan
Lawmakers debate if child savings accounts may reduce wealth inequality

Urbazon | E+ | Getty Images An unequal distribution of wealth in the U.S. can make it so some children are behind from birth. Now lawmakers are considering whether federal …

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Categories World

Advice about 401(k) rollovers is poised for a big change. Here’s why

by Adrian Jhonsan
Advice about 401(k) rollovers is poised for a big change. Here’s why

Johner Images | Johner Images Royalty-free | Getty Images A new U.S. Labor Department rule will significantly change the advice many investors receive about rolling money over from 401(k) plans …

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Categories World

American centenarians will quadruple by 2054, causing money challenges

by Adrian Jhonsan
American centenarians will quadruple by 2054, causing money challenges

Artur Debat | Moment | Getty Images The number of centenarians in the U.S. is poised to balloon in coming decades. That longevity poses a big financial challenge for households. …

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Categories World
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