401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why
Rising access to 401(k) plans has created more small accounts among young savers, say researchers. Source link
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Individual retirement accounts
How making student loan payments can help you save for retirement, starting next January
Paying student loans often means not putting away enough money for retirement and missing out on a company 401(k) match,
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Why cautious investors may want to look beyond high-yield savings accounts
Cautious investors piling into cash may want to consider other options. But convincing them could be "very, very difficult," says
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Raising Social Security retirement age would hurt older workers in physically demanding jobs, report finds
Older workers in physically demanding jobs face unique retirement challenges. Policy safeguards may help improve their financial security, report finds.
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IRS announces 2024 retirement account contribution limits: $23,000 for 401(k) plans, $7,000 for IRAs
The IRS has increased the 401(k) plan contribution limits for 2024, allowing employees to defer up to $23,000 into workplace
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Withdraw funds from inherited accounts now to avoid getting ‘buried in taxes’ later, IRA expert says
It's possible to save on taxes by taking funds from inherited retirement accounts sooner, experts say. Here's what heirs need
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The Netherlands named the best place to retire — here’s how other countries compare
A new report assesses and ranks different retirement income systems around the world. Here's how the U.S. compares. Source link
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Say goodbye to retirement? A ‘soft saving’ trend is emerging among young people
Generation Z is leading the "soft saving" trend, a new financial approach that prioritizes personal growth and mental wellness over
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New trading tech doesn’t alter long-standing investment fundamentals, best-selling financial author William Bernstein suggests
Neurologist and best-selling financial author William Bernstein discusses why his four pillars of investing still applies more than two decades
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