Deadline to repay Covid-era 401(k), IRA withdrawals approaches
Pixdeluxe | E+ | Getty Images The three-year clock started the day after they received the funds — meaning the deadline for many people is fast approaching. “I’d think the…
Social Security trust funds depletion date moves up to 2034
A Social Security Administration office in San Francisco. Getty Images The Social Security trust funds that about 67 million Americans rely on for benefits are scheduled to be depleted in…
Investing isn’t free. But here’s why 20% of investors think it is
Alistair Berg | Digitalvision | Getty Images Death and taxes are, as Benjamin Franklin famously declared, two of life’s certainties. Investment fees may be a worthy addition to that list…
Biden’s first veto preserves 401(k) investment rule about ESG funds
Photographer: Samuel Corum/Bloomberg via Getty Images Biden veto preserves Labor Department’s ESG rule Biden’s veto on Monday preserves his administration’s stance. It doesn’t appear there are enough congressional votes to…
Why American men die younger than women on average and how to fix it
Men die younger than women in the United States, on average. American women had a life expectancy of 79 years in 2021, compared with men’s, which was only about 73,…
State IRA programs work toward closing racial retirement savings gap
Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households are wide, but state-run retirement programs are attempting to help workers find…
How to decide between pre-tax and Roth 401(k) contributions
Prathanchorruangsak | Istock | Getty Images Whether you’re starting a new job or updating retirement savings goals, you may need to choose between pre-tax or Roth 401(k) contributions — and…
Annuity sales hit record in 2022 amid higher interest rates and fear
Tim Bieber | Photodisc | Getty Images Amid stock market gyrations, recession fears and loftier payouts, consumers last year pumped a record sum of money into annuities, a type of…
Tax-free rollovers from 529 plans to Roth IRAs allowed as of 2024
Maskot | Maskot | Getty Images Americans who save for college in 529 plans will soon have a way to rescue unused funds while keeping their tax benefits intact. A…
21% of investors don’t think they pay fees. Here’s why they’re wrong
Damircudic | E+ | Getty Images More than a fifth of investors don’t think they pay any fees for their investment accounts, an industry survey has found. Most of them,…