WASHINGTON, May 27- Many Americans are not financially prepared for retirement, with almost a third of working adults without savings or a pension, according to a Federal Reserve survey published on Wednesday. The survey, which was conducted in October and November last year on behalf of the Fed board, also found that among lower-income respondents, whose...» Read More
Both corporate and public pensions remain short of having enough money to pay out what they've promised, despite recent asset increases.
CHICAGO, March 5- Back in the day, you could walk into a bank to open a new account and walk out with a free toaster. Today, you can get anywhere from $50 to $2,500 for rolling over a 401 into an Individual Retirement Account, or just by moving an IRA from another financial institution. That is worth $260 over three years if you max out your annual contributions at $5,500, or...
The average retirement age, which rose for years, seems to be stabilizing, a study finds. That leaves many short on savings.
How to know if your financial advisor is putting your interests above his or her own bottom line.
It is about time the government put tougher standards on retirement savings brokers, Vanguard Group founder Jack Bogle tells CNBC.
WASHINGTON, Feb 23- U.S. brokers and financial advisers would face new constraints under a plan President Barack Obama put forward on Monday to reduce conflicts of interest and "hidden fees" that cost Americans billions of dollars in retirement savings every year. They would have an impact on thousands of brokerages, from large players such as Fidelity, Wells...
The Labor Department is readying new proposed rules on retirement investment advice, and the battle lines are being drawn.
Think saving for retirement is hard? Try planning how to draw down those funds. But these experts can help.
Singapore's 2015 budget will be keenly watched by residents hoping for more financial help and increases in health care spending.
Financial swindles like the sweetheart scam and impostor fraud are gaining ground, experts say, and women are at special risk.
Eight in 10 women have held back on talking about money with the people they are close to, a new study finds. The culprit: Low confidence.
Conventional wisdom says young investors should invest heavily in stocks. Some advisors say that's too risky.
Even minor cognitive changes can reduce financial decision-making ability, but many don't realize it.
Which financial tasks require a professional's help and which can you handle yourself? Here's how to decide.
About 72 percent of Americans report feeling stressed about money at least some of the time, and it takes a toll on health.
Older boomers who have already left the workforce have substantial financial security, a new survey finds. Here's why that can't last.
Longevity annuities can provide protection against outliving your savings—as long as you choose wisely.
With more than 300,000 financial advisors competing for clients, standing out is key.
College savings plans will remain tax free, which is great news for the families who are using them to save for college.
A TD Ameritrade survey finds investment advisors are less bullish on the economy than in 2014, but are mostly upbeat on U.S. markets.