According to a recent survey by Fidelity, the number of 401k millionaires has decreased by 32% over the past year. In an era where pensions are vanishing, a 401(k) is most employees’ primary retirement security source.
Tag: 401k
Ready to Take the Plunge into Semi-Retirement? Here’s What You Need to Know.
Planning financially can help you ease into retirement if you require time to replenish your nest egg or want to take it easy for a while.
The Surprisingly Straightforward Solution to America’s Retirement Problem
Among all the policy levers we can pull to help address the retirement issue in the United States, the most effective may be astonishingly straightforward. According to a stunning new study, merely speaking with a financial counselor may be enough to increase people’s savings rates significantly.
Retirement Planning: 4 Things to Do Before You Retire in 10 Years – Start Planning Now!
Retirement is a great thing if done right. When you’ve put in your time and effort for decades, it’s time to relax and do anything you want.
Retirement Planning: Healthcare Strategies to Consider Now
Start planning for your retirement with these healthcare strategies.
Great News, Your Roadmap For Retirement Recovery Is Here
Most people are playing catch-up. The bear market is to blame for last year’s losses, which caused account balances to decrease, particularly in the first half of 2022. The good news? In the game of retirement savings, the time does not run out, unlike in NFL football. Comebacks are feasible, provided the proper strategy is employed and adhered to. The strategy used is known as a recovery plan.
Here Is Why Your Retirement Fund Can Benefit From ETFs
Exchange-traded funds (ETFs) are investment vehicles that track an index, commodity, or a basket of assets and trade like stocks on an exchange. All these factors have made ETFs a popular investment vehicle for investors seeking a low-cost, diversified, and flexible investment option.
Expand Your Employer Retirement Benefits with the SECURE 2.0 Act
The SECURE 2.0 Act of 2022 aims to alter this scenario by streamlining and clarifying plan laws and increasing retirement plan coverage and savings.
A New Option for Transferring Retirement Funds When Changing Jobs Is About to be Offered
Three of the largest 401(k) administrators are making it simpler for employees with 401(k) accounts of less than $5,000 to move their funds to new workplace plans.
Take These Important Steps If You Lose Your Job Before Retirement.
Although being laid off later in life might be financially devastating, you can take steps to mitigate the blow.
