Low interest rates have changed the game for retirees—but not always in a bad way.
Obama’s budget would give workers without a tax-favored savings plan at the office automatic access to an IRA. That is among other details in the budget that affect your pocketbook.
New IRA limits target the wealthy. But this may be just the start of a raid on America’s nest eggs.
This is the year you figure out your number. Right? It’s not all that difficult, really. Yet by some estimates fewer than half of Americans have ever tried to divine how much money they will need in the bank in order to retire comfortably.
Saving is hard enough. The payroll tax hike will cost the average worker $700, tempting you to cut saving instead of spending. Look out.
A sobering new health report shows that Americans lag peer nations–until they retire.
Employee benefits are constantly evolving, and the trend line isn’t great for most workers.
The youngest baby boomers will begin turning 50 next year, a noteworthy milestone in the graying of America.
One of the earliest fears about tax-favored savings accounts like IRAs and 401(k) plans was that when this pool of savings grew large enough Congress would not be able to resist tapping it to help solve the nation’s debt problems.