Rules for the required minimum distribution, as it's called, changed both before and during the pandemic.
People affected by the crisis can access of up to $100,000 of their retirement savings without the usual 10% penalty.
During the Great Recession, about 20% of companies scaled back matching funds.
Senator Rand Paul wants to allow people to use retirement accounts to pay off student debt, tax- and penalty-free.
There are flaws in our retirement system, but GOP changes could make it worse, one expert says.
Putnam Investments' CEO has some ideas for making defined contribution plans more relevant.
Increasingly, retirement funds are being used for anything but retirement. But there are huge risks involved with raiding your retirement to start a business or for private equity investments.
Having had three job changes, my investments are in three locations, with a fourth about to start. I have a Roth and two 401(k)s. Is it a benefit to combine all investments into one account? I need to educate myself on my money. Most that I have invested is in aggressive funds. I am 47 and getting older each day!! Jeff, Tulsa, OK
There is a lot of theory motivating consumer-driven health plans like the HSA, much of it reminiscent of ideas promoted with the rise of the 401(k) retirement savings plan. Well, three decades later the 401(k) has turned out to be a deeply flawed pension. The same is likely to be true with consumer-driven healthcare plans.