Roughly a third of Americans don't have any emergency savings to fall back on if they lose a job or have to deal with another crisis, USAT reports.» Read More
CHICAGO, Jan 15- My home state of Illinois is not the first place that comes to mind for innovative approaches to retirement savings. But Illinois just became the first U.S. state to adopt a promising new approach to a big problem in the nation's retirement saving system: the lack of workplace saving options for low-income workers. The new law puts Illinois at the...
Almost half of home buyers do not shop around for a mortgage, a government study finds, even though terms and rates can vary widely.
Put off by actively managed funds' subpar performance and fees, investors are putting more money into index funds and ETFs. Should you?
Feeling that holiday spending hangover? You have plenty of company. And luckily, experts have plenty of tips to get you back in shape.
Savvy investors plan to spend 2014 bonus checks, according to an E*Trade survey, but only some have really earned the right to do that.
A new survey finds that Americans are most likely to blow their budget on restaurants and food, and they're overdoing it with credit cards.
Some 18 percent of respondents to a new survey expect to be in debt for the rest of their lives.
New Year's financial resolutions help you stay on budget and stick to savings goals, a survey finds, but most investors won't make them.
Most Americans lack even a basic understanding of how to make their retirement nest egg last, a new survey finds.
Mike and Ryan Alfred of BrightScope join Sharon Epperson to discuss the latest in retirement.
Rule changes on guaranteed pension payments look promising, but are they for you?
Sharon Epperson interviews Kathleen Murphy, president of Personal Investing at Fidelity Investments, about the importance of asset allocation in retirement savings plans.
HONG KONG, Nov 7- U.S.-based Principal Financial Group Inc said on Friday it had agreed to buy French insurer AXA SA's Hong Kong retirement savings business for $335 million in what would be the city's first pension M&A deal in more than a decade. HSBC Plc and Manulife Financial Corp control nearly half of all retirement savings assets in Hong Kong, according to...
Fewer investors are going all-in with their retirement savings.
Dan Gilbert owns more than 9 million square feet of Detroit, and thinks he can develop good business out of every inch.
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...
To ensure retirees don't run out of money, the IRS and the Treasury just issued guidance to expand the use of these investment vehicles.
The Internal Revenue Service expanded dollar limitations for some pension plans based on cost-of-living adjustments.
One of Wall Street's biggest names said Americans are not nearly as prepared as they should be for retirement, which could be a costly error.
Oct 10- In changes that have raised the potential investment risks in many 401 retirement accounts, several major fund companies are increasing the stock allocation of their target date funds, which are used by many of those with such plans. BlackRock Inc, Fidelity Investments and Pacific Investment Management Co- all firms that have seen returns in their...