If you can get in on the ground floor of the next Google or Apple, your retirement years will be white sands and pina coladas. There are three problems with that - one obvious, one not so obvious, and one nearly invisible.
The quiet retirement revolution of the 401(k) has the potential for negative consequences if workers save too little, raid accounts for non-retirement spending and fail to understand the significant risks that they bear under the system.
The IRS announced 2013 cost-of-living adjustments to many of the amounts you and your employer can contribute toward your retirement accounts. Here are highlights of what will and won't change in 2013.
It is easy to forget that 401(k) plans have only been around for three decades. We have learned a lot in that period, and the jury is now in: The 401(k) experiment has failed. This system does a better job of enriching the financial sector than in providing retirement security to Americans.
401(k) plan investments are a primary driver of the investment markets. They are also the reason that many people are pacing the floors at night, worrying if their retirement will get delayed or destroyed.