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.
People affected by the crisis can access of up to $100,000 of their retirement savings without the usual 10% penalty.
Senator Rand Paul wants to allow people to use retirement accounts to pay off student debt, tax- and penalty-free.
Does it change if you’re single or married?
Market volatility and the possibility of a recession have affected some retirees' financial decisions.
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.
For big banks, loans and stock trading are becoming less reliable sources of income.
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.
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…
There are flaws in our retirement system, but GOP changes could make it worse, one expert says.