If your 401(k) balance nosedives in a down market, use these four strategies to safeguard your funds.

American workers have no shortage of options for selecting the best retirement plan. Most people are eligible ... In this way, stay-at-home parents or other spouses without earned income can ...

Purdue offers two types of tax-favored Voluntary Savings Plans that can be an important part of your planning for retirement. What are the Voluntary Retirement Savings Plans? Voluntary Savings plans ...

The best retirement plan to build your nest egg will depend ... You are using the distribution to buy a first home. For 2023, you can contribute up to $6,500, plus an additional $1,000 for those ...

Start preparing your retirement plan in your 20s and 30s or when you start collecting paychecks. An early start allows room to make mistakes and recover from them, and your savings can grow ...

Taking a roommate may help—and a reverse mortgage is an option if you own your home ... other tax-advantaged retirement accounts according to specific rules. These plans allow employees to ...

Editor’s note: This is part eight of an ongoing series throughout this year focused on helping older adults navigate the financial difficulties of gray divorce. See below for links to the other ...

s for their savings and future retirement income. Just under 16 percent of private-sector workers were active participants in 401(k)-type plans in 1975, compared with nearly 42 percent today.

If you are preparing to retire in under a year ... ve been saving for retirement, you may think you’re prepared for any situation. However, if you have any expensive home repairs or an ...

yet most people don’t really understand the requirements of this plan. Under today’s regulations, an individual can claim Social Security retirement benefits between the ages of 62 and 70.

China has announced plans to raise the retirement age for the first time since 1978, as the world’s second-largest economy faces up to a sharply aging population that will leave it short of workers.