Many U.S. workers are not saving enough for retirement, even though higher savings can lead to a safer future. Only a small ...
Saving for retirement can be confusing. You probably know that having a 401(k) is advisable, but if your eyes glaze over when presented with financial jargon, you’re not alone. Whether you already ...
The majority of workers don’t contribute the annual maximum amount to their retirement savings plans, a Vanguard study shows. Learn how contributing the maximum can provide significant benefits for ...
Clark explained that a 30-year-old contributing $5,000 per year to a 401 (k) would accumulate $1,490,634, assuming a 10% annual return until age 65. With the employer's $5,000 match, the total yearly ...
An industry effort led by six record keepers to make workplace retirement savings plans more portable and reduce the problem of 401(k) cashouts is paying off. Savers in workplace retirement plans with ...