There are many similarities between 401(k)s and IRAs (Individual Retirement Accounts), but there are also some notable differences. How do you know which type of account you should contribute to?
Most of the coverage last week of the Fed study on household wealth focused on the gigantic financial hit taken by nearly all Americans since 2007. Dig deeper into the report, though, and it makes for even scarier reading.
If AARP, which has more than 10 percent of the U.S. population on its rolls, hasn't yet figured out how to capture seniors on the most pervasive social media site, then we all have a long way to go.
While the overall economy appears to be on the uptick, we are facing a baby boom financial catastrophe if we don't change how we pay for retirement and explore all possible means to get there.
Until the necessary procedures are designed, tested, and proven feasible , chained COLA will not be ready for prime time. Even then, it would reduce benefits and impose harm without adequate justification.
As news consumers, we need to warn one another to Be Smart when we encounter the supernova-size explosions of myths, stereotypes, negativities and illusions that bombard us daily.
Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companie...
We can sit on our butts on Tuesday and whine about our lack of leadership, or we can assume leadership by putting the right people in office and then tell them what to do. It's now or just about never.
Boston College's Center for Retirement Research Center has a study out this month about the cost of 401(k) plans, and they have found another flaw in ...
DAILY News Chairman Mort Zuckerman went inside the beleaguered tabloid's newsroom yesterday morning for an interview with CNN, during which he insiste...
If your employer stops contributing to your 401(k) plan, you should think very carefully about whether you should continue to participate. You have options.
Dear Christine,
I just started at a new job and my company offers a 401k - they asked me how much I want to take out of my paycheck to put in and I h...