Here’s why you may be saving more in your 401(k) — and not even know it
You may be saving more money for retirement and not even know it. An increasing share of employers are automating…
New York Community Bank’s online arm is paying the nation’s highest interest rate
New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest…
‘Gray divorce’ has doubled since the ’90s — and the financial risk is high for women
Breaking up in old age can be costly, especially for women. The rate of “gray divorce” — a term that…
‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment
Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…
401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why
Retirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets such as stocks during that…
Not saving in your 401(k)? Your employer may re-enroll you
If you elected not to participate in your company’s 401(k) plan, your employer may have other ideas. The concept of…
More employers offer a Roth 401(k) — and a Secure 2.0 change may prompt more workers to use it
More workers are getting access to a Roth savings option in their 401(k) plans. In 2022, 89.1% of employers that…
Why working longer is a bad retirement plan
Working longer is among the best ways to ensure you don’t outlive your retirement savings. The problem is, you can’t…
Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…
