Policy changes look to reduce 401(k) plan ‘leakage’
Leaks aren’t just a problem for pipes. Billions of dollars a year drip from the U.S. retirement system when investors…
State-run ‘auto-IRA’ programs aim to close retirement savings gap
Roughly half of Americans don’t have access to a workplace retirement plan — but states are increasingly stepping in to…
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…
A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it
Millions of people move money from a workplace 401(k) plan to an individual retirement account each year. Such “rollovers” are…
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…
Biden administration to crack down on ‘junk fees’ in retirement plans
The Biden administration is cracking down on so-called “junk fees” in retirement accounts. The U.S. Department of Labor on…
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…
Suze Orman: ‘Big mistake if you park your money forever in bonds’
Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of…
