WASHINGTON, Oct 24- The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving their savings. The department and the Internal Revenue Service will let retirement funds offer long-term deferred annuities as a default investment in 401 retirement...» Read More
The higher interest rates go, the more likely it is your retirement accounts will bump up against caps in the president's proposed budget.
Whether it's inadequate savings or a craving for change, more and more Americans are embarking on second careers. Here's how to find your ideal next act.
Fidelity's president proposed doubling the percentage of pay employers can put in automatically enrolled employees' 401(k)s.
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President Barack Obama's budget plan would change how increases in Social Security benefits are calculated. Experts say that could be devastating to recipients who need cost-of-living adjustments to survive.
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The government watchdog says some investment firms urge workers to roll over their 401(k)s to IRAs, in order to gain fees for the firm.
Post-recession Americans are saving more for retirement, but many don't trust the stock market to grow their nest eggs.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
If you spend time worrying that you'll end up on the street in your old age with your belongings stuffed into plastic bags in a shopping cart, you have good company.
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A former portfolio manager pleaded not guilty on Friday to a five-count criminal indictment alleging that he engaged in insider trading.
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Eschewing the Sun Belt, retirees are finding ways to cope with the high prices and high taxes that come with enjoying a big-city lifestyle.
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