WASHINGTON— The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings. The justices revived claims by current and former employees of energy company Edison International. Higher fees of just 1 percent a year would erase $70,000 from an...» Read More
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.
Twenty-somethings must invest early and often because there may be no safety net when they need it, CNBC guest contributor Michael K. Farr says.
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.
It's no secret, it's harder for older workers to land a job. Here are some tips for how to land that job -- without having to lie about your age!
A former portfolio manager pleaded not guilty on Friday to a five-count criminal indictment alleging that he engaged in insider trading.
If Junior has his way, there's a good chance he's planning to be on your dime until his mid-20s, new research shows.
Thirty-year-old Jason Fieber says he has saved $100,000 in three years even though his annual net income is $50,000. His goal: retire by age 40. USA Today reports.
Instead of ending the mortgage-interest tax deduction, adjust it to do what it is intended to do: stimulate home buying, one industry insider says.
A new survey finds Boomers' fears about finances have abated, with nearly a quarter of them feeling more secure than they did 12 months ago.
You probably realize there are tax breaks related to your home, your charitable giving and your work—but you may be eligible for more than you know.
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.
A contribution rate close to three percent, the lowest in the advanced world, is just one reason why American workers lag behind other developed countries in retirement savings.
The average man has 30 percent more in taxable investments than the average woman and 72 percent more in his IRA, according to a new study.
Women make less but live longer, which makes saving for retirement more difficult. Personal finance sites are seizing the opportunity.
Replacing lost income with assets that produce greater total return may be the best way those behind in retirement savings to finance their needs.
Finding the right home for retirement, whether it means moving to a new location or renovating a current home so you can age in place, involves being realistic about your long-term physical needs, your financial resources, and what kinds of facilities are nearby to support you, financial and aging experts say.
For all the talk you hear from Capitol Hill about running government more like a business, Congress has a retirement plan that would make any Fortune 500 executive blush.