NEW YORK, July 23- All it usually takes to borrow money from your 401 are a few clicks on a website, and a check will arrive a few days later. Internal Revenue Service rules say you can borrow up to $50,000 or 50 percent of the account balance, whichever is greater. The problem is with middle-aged workers, who are the heaviest loan users, according data from the Employee...» Read More
You could be losing thousands to fees associated with your retirement account. Here's how to reduce those fees.
$18,433 is the median amount in a 401(k) savings account, according to a recent report by the Employee Benefit Research Institute. Discussing whether the program is a failure, with CNBC.com's Kelley Holland.
Over a third of Americans are not familiar with their 401(k) choices. Why isn't investor education getting through?
In his new book, investing guru Charles Ellis makes dire predictions about an upcoming retirement crisis that will affect millions.
The number of workers who have saved $1 million or more in a workplace retirement plan is a new record, reports CNBC's Sharon Epperson.
CNBC's Sharon Epperson walks through three key points on how to become a 401(k) millionaire.
How much do you need to retire? According to a new Legg Mason survey, the new magic number is $2.5 million. Insight, with Patricia Powell, Wealth Health.
U.S. Labor Secretary Thomas Perez, discusses the White House's proposed new rules for brokers on retirement accounts, and the impact of a stronger dollar on exports.
There is bipartisan support for a White House plan to allow unemployed workers to draw from their 401(k)s. CNBC's Sharon Epperson outlines the idea, and the potential consequences.
The average retirement age, which rose for years, seems to be stabilizing, a study finds. That leaves many short on savings.
WASHINGTON, Feb 24- The U.S. Supreme Court on Tuesday appeared ready to give Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan a chance to revive some of their claims. There appeared to be consensus among the justices that a 9th U.S. Circuit Court of Appeals ruling in favor of...
WASHINGTON, Feb 24- The U.S. Supreme Court on Tuesday appeared set to revive certain claims in a class action lawsuit against Edison International by employees who accused the utility of favoring higher-cost mutual funds over-lower cost ones in its retirement plan. The case concerns a lawsuit filed by Glenn Tibble and other employees against Edison...
Discussing how President Obama plans to change the rules on brokers who deal with retirement accounts, with CNBC's Sharon Epperson.
President Obama spoke to AARP about a bid to change the rules on independent brokers who deal with retirement accounts. CNBC's Sharon Epperson; Doug Flynn, Flynn Zito Capital Management; and Dale Brown, Financial Services Institute, discuss.
The Labor Department is readying new proposed rules on retirement investment advice, and the battle lines are being drawn.
In all three states, Alaska, West Virginia and Michigan, problematic funding gaps widened, the report said. In 2006, Alaska switched newly hired state workers from its two biggest traditional defined benefit plans to a defined contribution plan. In 2014, Alaska made a $3 billion cash infusion into the defined benefit plans to shore them up.
CNBC's Sharon Epperson reports 85 percent of the portfolio of the average 25-year old is in equities. Rob Arnott, Research Affiliates CEO, discuss.
Even minor cognitive changes can reduce financial decision-making ability, but many don't realize it.
Should you put your money in a Roth IRA? Mad Money host Jim Cramer helps investors understand the best place to save their money.
How President Obama's budget proposal could directly impact retirement savings, with CNBC's Sharon Epperson.