“Hardship withdrawals” are rising, Fidelity Investments reports, most commonly to avoid eviction or foreclosure or pay medical bills.
A new bill follows up on recent bipartisan legislation to expand access to retirement savings.
The average 401(k) balance is a tenth of what a middle-class person would need to maintain their lifestyle, one expert says.
A new law set to go into effect next year would allow you to double your money when you pay student loans.
The details on this savings tactic and how it’s changing in 2024.
Experts say that there are various policy solutions that can be implemented to address this issue.
Why defined pension plans could make a comeback in a tight labor market.
Fidelity Investments reports that average 401(k) and IRA balances fell to around $104,000 in 2022, as financial markets stumbled.
People who meet certain income requirements will soon be able to get a 50% match from the federal government on up to $2,000 they save in a retirement account.
The SECURE Act 2.0 aims to help part-time and lower-wage workers — categories where women are overrepresented — save for retirement.