Retirement
Latest Retirement News
11 Tips to Help You Retire on a Budget
Many Americans are looking for ways to stretch their savings and retire on a budget without compromising their quality of…
Is Spousal Consent Required to Change 401(k) Beneficiary?
Changing the beneficiary of a 401(k) plan can involve specific requirements, particularly when it comes to spousal consent. In many…
What Are the Rules for Late 401(k) Deferral Deposits?
Under the Department of Labor’s rules, employers must deposit employee deferrals into 401(k) plans as soon as administratively feasible, typically…
How 401(k) Fee Disclosures Work
401(k) disclosures provide detailed information about the fees and expenses associated with your retirement plan. The costs associated with a…
401(k) Beneficiary Rules Based on Marital Status
A spouse beneficiary is the person who will inherit a 401(k) account if the account holder passes away. The rules…
How Do I Avoid Medicare Premium Penalties?
The only way to avoid Medicare premium penalties is to enroll in a timely manner. Medicare charges a penalty for…
5 Dangers of Trying to Live on Social Security Alone
Relying solely on Social Security for your retirement income can be a risky proposition. While Social Security provides an essential…
How to Uncover Hidden 401(k) Fees
Many employees rely on 401(k) plans for retirement savings. But hidden fees in 401(k) plans, including administrative costs, investment fees…
Why Invest in a Roth IRA?
Unlike traditional IRAs, contributions to a Roth IRA are made with after-tax dollars, meaning that withdrawals in retirement are tax-free.…
Do 401(k) Contributions Automatically Stop When You Hit the Limit?
Understanding when 401(k) contributions stop is essential for employees who want to maximize their retirement savings. Contributions to a 401(k)…
