The SECURE acts introduced several major changes to RMDs over the last few years. The changes impact both retirees and those ...

The majority of Americans wouldn't be able to cover an unforeseen $1,000 expense with money from their own savings, according to Bankrate's 2024 emergency savings report. But a relatively new rule may ...

During your working years, the size and your frequency of your paychecks is largely determined by your employer. But once you ...

For instance, if you turn 73 in 2026, you'll be required to begin RMDs. Since it's your first year, you'll have until April 1 ...

As of 2025, the average 401(k) balance for Americans in their 50s is around 490,000 dollars. That means a 54-year-old with 4 million dollars saved is far beyond the national average, close to eight ...

Retirement no longer feels far off for Generation X – those born between 1965 and 1980. A fortunate few may have already exited the workforce and many more will follow in the next two decades. Early ...

There are plenty of good reasons to participate in an employer 401(k) plan if you have one available to you. For one thing, ...

We've tracked this promise on penalty-free 401(k) withdrawals since President Barack Obama took office. It seems like it's time to stick a fork in it and declare it done. The measure, which Obama ...

Those considering early retirement can avoid penalties by using Rule 72(t) for IRA withdrawals. Alternatives to Rule 72(t) include cash reserves, selling real estate or stocks. Options under Rule 72(t ...

We've received several e-mails from readers who say they're facing difficult times financially and want to know the status of Obama's pledge to ease penalties for early withdrawals from 401(k) ...

In the 2007 budget unveiled last week, President Bush proposed $85 million over the next 10 years for a series of federal retiree initiatives that his administration is compiling into a legislative ...