Curious how your retirement savings compare to other 58-year-olds? Here's how much the average American has saved in a 401(k) by age 58 and what to do if you're behind.

Tax free incoe in retirement is woth celebrating in 2024. Party goers bring in the New Year celebrating on Hollywood Blvd at the Spundae New Years Eve party. (Photo by Steve Grayson/WireImage) A Roth ...

Roth IRAs have income limits. If your annual income exceeds these limits, you may be able to contribute a reduced amount or nothing at all. As long as this doesn't get in your way, you can open a Roth ...

The truth is, 2024 is wrapping up with 2025 in close pursuit. With the holidays taking up much of your time, you may not be concentrating on retirement moves to make before 2025. But if you’re the ...

More Americans opted for hardship withdrawals and loans against their 401(k) in 2023 vs. 2022. This trend illustrates the importance of saving and building wealth to avoid financial planning pitfalls.

The 401(k) retirement savings plan is undergoing changes in 2025 aimed at enhancing retirement savings opportunities for many Americans, particularly older workers. The new rules include higher ...

Fidelity reported that 512,000 savers were 401(k)-created millionaires in the first quarter, down about 4.6% from 537,000 in the fourth quarter of 2025. Most individuals continued to contribute to ...

An annuity is a financial product that pays out a fixed amount of money at regular intervals for a set period of time. You can purchase an annuity with a lump sum or a series of payments, and the ...

Americans will be allowed to contribute more of their money to 401(k) and similar retirement saving plans next year. The IRS said Thursday the maximum contribution that an individual can make in 2026 ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. People 50 and older were already able to put ...

CHICAGO (WLS) -- Monday morning, we kicked off our new series, "Money Saving Mondays." Each week for the next month, we'll bring you features designed to help you do everything from cutting credit ...

For many of us, retirement may seem far away. However, if you ask people who have already retired, many of them will tell you just how fast it can creep up on you. That's why it's important to begin ...