Key Takeaways Baby Boomers contribute to 401(k)s at the highest rate, with savers in this generation contributing 11.9% of their income on average.Gen X, Millennial, and Gen Z savers set aside 10.2%, ...

According to the report, fees pile up on forgotten 401 (k) accounts without regular contributions and could end up costing ...

It’s a good problem to have: too much money saved for retirement and additional funds to leave to your heirs. Will you be one ...

Wondering whether retirement accounts go through probate? In most cases, they don’t — thanks to beneficiary designations.. Retirement accounts like IRAs, 401(k)s and annuities typically bypass probate ...

Growing a retirement account to $1 million depends heavily on how early you start investing. At a conservative 6% annual rate of return, a 35-year-old needs to save about $863 per month to reach $1 ...

You can then request a direct rollover from your old employer's plan so the funds go straight into your IRA, which keeps your savings tax-deferred and avoids penalties. You can also do an indirect ...

You spend your entire career saving for retirement. Unfortunately, once the time for retirement comes, many people who have diligently saved end up making a major mistake with the money they've put ...

It's important to estimate how much income you'll need in retirement and how you'll amass it. Setting up multiple income streams is smart. Social Security will not be enough. It's sad but true that ...

An Outcry for Retirement Advice A Plan Sponsor’s Role Filling the Need Underneath the well-documented retirement crisis, another plight is unfolding: a scarcity of accessible, quality retirement ...

Many workers dream of becoming millionaires, but is it possible to grow a 401(k) or individual retirement account to the million-dollar mark? The prospect of growing your retirement accounts to a ...