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Retirement savings

COVID-19

More people are eligible to tap retirement savings without penalty

by David Brancaccio , Scott Tong and Alex Schroeder
Jun 22, 2020
The big change: If your spouse's job has been hit by COVID-19 you may be eligible to pull as much as $100,000 from retirement savings — penalty-free.
Personal finance experts are warning, however, that you should only dip into your retirement savings in the case of an emergency.
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COVID-19

Americans can now tap 401(k)s without penalty. Here's how it works.

by David Brancaccio , Chris Farrell , Erika Soderstrom and Alex Schroeder
Apr 8, 2020
People affected by the crisis can access of up to $100,000 of their retirement savings without the usual 10% penalty.
Personal finance experts are warning, however, that you should only dip into your retirement savings in the case of an emergency.
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Check Your Balance ™️

One idea to pay off student debt: use your retirement account

by Justin Ho
Dec 5, 2019
Senator Rand Paul wants to allow people to use retirement accounts to pay off student debt, tax- and penalty-free.
Dan Kitwood/Getty Images
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Check Your Balance ™️

FAQ: What’s the best strategy for maximizing Social Security?

by Samantha Fields
Oct 16, 2019
Does it change if you’re single or married?
Richard Summers, Flickr
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How retirees cope when their savings are at the mercy of the markets

by Janet Nguyen
Aug 26, 2019
Market volatility and the possibility of a recession have affected some retirees' financial decisions.
Many retirees have savings tied up in the stock market.
AleksandarNakic/Getty Images
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Investors have been piling into gold this year

by Justin Ho
Aug 21, 2019
Gold prices are up sharply since the start of the year. Part of that is the market turmoil, pushing investors toward safe havens. But it’s also gotten a lot easier — and cheaper — to invest in gold.
Gold bullion bars and coins.
Mario Tama/Getty Images
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Why banks are doubling down on wealth management services

by Justin Ho
Jul 23, 2019
For big banks, loans and stock trading are becoming less reliable sources of income.
A flag flies outside the Bank of America Corporate Center in downtown Charlotte, North Carolina.
Davis Turner/Getty Images
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Scammers are targeting retirement savings. Here's how to fight them.

by David Brancaccio and Redmond Carolipio
Aug 14, 2018
Con artists are zeroing in on the retirement savings and other assets of an aging population, some of whom might already be suffering from cognitive decline.
iStock/Getty Images
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Waiting out a down market may be tough for workers headed toward retirement

by Erika Beras
Feb 9, 2018
All that advice about taking a deep breath, focusing on the long term and not obsessing about the balance in your retirement accounts as the markets take a wild ride sounds a lot better when you’re not headed toward retirement…
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Is the Trump administration leading an "anti-retirement savings movement"?

by David Brancaccio
Nov 1, 2017
There are flaws in our retirement system, but GOP changes could make it worse, one expert says.
David McNew/Getty Images
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