Gen X 401(k) retirement savings lag, but there’s optimism
For the first time ever, Gen X workers saw their 401(k) balances top those of Baby Boomers, Fidelity data…
Browsing Tag
401k
Social Security Is Quite Happily No Longer the ‘Third Rail.’
Last month it was reported (yet again) that Social Security will run out of money in 2035. And as is frequently…
Rules on inheriting a 401(K) have been revamped – everything you need…
Retirement accounts are an important part of the financial assets many Americans plan to pass on to family.But…
‘Father of the 401(K)’ reveals the biggest downside of his…
Ted Benna, 82, is credited with creating the 401(K) as it is known today It has changed the way…
Biden issues rule to clamp down on bad retirement savings advice –…
Clampdown means financial advisors must act in best interests of their clientsAt current they may…
Median 401(k) balances for Americans in their 50s
However, many people in that age range have less than half of that in their 401(k)s.The median 401(k) account…
America’s 401(K) boom! Number of savers with $1 MILLION in their…
The number of savers with $1 million in their 401(K)s is edging towards an all-time high thanks to a booming…
Can YOU boost your 401(K) by paying off your student loan? New Biden scheme…
Workers can now have their student loan payments matched into their 401(K) Changes came into effect…
America’s retirement savings bounce back! Average 401(K) balance shot…
By Helena Kelly Assistant Consumer Editor For Dailymail.Com Updated: 16:26 EST, 7 February 2024…