According to Fidelity's retirement guidelines, you should aim to have saved three times your annual salary by age 40, six ...

Today, the median 401 (k) balance for top-decile earners is about 10 times that of middle-income participants. Indeed, plan participation, balance amounts, and investment outcomes remain skewed toward ...

What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is ...

WASHINGTON (Reuters) -Even before the last vote on U.S. President Donald Trump's sweeping tax-cut and spending bill was ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual retirement accounts (IRAs), are worth considering and contributing to before ...

An after-tax 401(k) contribution allows you to deposit more than the $23,000 pretax limit for 2024 ($30,500 for those age 50 or older). The total 401(k) contribution limit that includes employer ...

Republican North Carolina Sen. Thom Tillis will not seek reelection, according to a statement released by his office Sunday ...

The median balance for people just getting started in their careers is $1,948. That means half of 401 (k) plan participants ...

The open seat could determine control of the U.S. Senate, making it a national battleground likely to attract millions in ...

Navigating taxes in retirement can be challenging. Your tax situation may differ from your working years due to income and ...

The Republican from North Carolina announced he won’t run for reelection next year amid sharp disagreements with President ...

The Senate parliamentarian previously ruled that most of the proposals aimed at cutting federal employees’ retirement ...