Personal saving

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,…

Bond yields could race through 5% in next couple of weeks, market forecaster Jim Bianco warns

Wall Street forecaster Jim Bianco expects Treasury yields to go a lot higher — and possibly overshoot through 5% in…

This account is like an ‘extra strength’ Roth IRA, advisor says. Here’s when to use it

For savers, choosing how to best allocate money among a stream of account types may seem an impossible task. There…

Are U.S. seniors among the developed world’s poorest? It depends on your point of view

The U.S. retirement system is a sprawling complex, a so-called “three-legged stool” of Social Security payments, workplace savings plans and…

Trying to choose Pretax vs. Roth 401(k)? Why it’s trickier than you think, experts say

If you have a 401(k), one of the big questions is whether to make pretax or Roth contributions — and…

Americans’ buying power rose for first time since March 2021 amid falling inflation

Workers saw their buying power grow in May for the first time in two years, as inflation continues to fall…