One of the best ways to save for retirement is to use your company’s 401(k). And it’s about to get even better in 2025. With the turn of the ...
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WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024. The ...
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Key Takeaways To prepare your finances for retirement, consider stashing more money in cash and fixed-income to avoid touching your nest egg if a bear market occurs. If ...
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Monsters under the bed aren’t the only thing keeping older adults awake at night. So are fears about retirement, and for good reason. Retirement isn’t cheap; it can ...
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Decades in the making, the legislation would eliminate a provision that reduces Social Security payments to some retirees who also collect a pension from jobs that aren’t covered ...
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Election Day is Tuesday, Nov. 5, and the uncertainty can present pitfalls for investors. “There are a lot of emotions involved,” says Dan Lefkovitz, a strategist with Morningstar Indexes ...
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Key Takeaways: Inflation has long-term impacts on retirees’ purchasing power. Higher inflation has forced retirees to take larger withdrawals, increasing the risk of outliving savings. Becoming a millionaire ...
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At one time, political disagreements were just that — disagreements. It wasn’t uncommon for political talk to make its way into conversation at Thanksgiving dinner, and when someone ...
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Annuities are better bargains if you purchase them right before interest rates decline. But if you’re worried that inflation could climb significantly higher, they may still be a ...
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The financial services industry has made a major effort to help Americans plan for a financially secure retirement. But the industry must do more to help Americans plan ...
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Comments Off on The human side of retirement: Moving beyond the numbers
