The landscape of the pensions is about to be shaken up in the UK. Tom McPhail, Head of Pensions Research at Hargreaves Lansdown, weighs in on the risks that could occur from this dramatic change.» Read More
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.
Home costs are the biggest expense for people 50 and older, accounting for 40% to 45% of their household budgets, according to a report.
Many people nearing retirement grapple with choosing whether to retire "in place" or move to a new location. Here's what to think about.
An estimated two million American seniors are in debt from unpaid student loans, according to data from the Federal Reserve Bank of New York.
Communicating their competence is critical for women in the workplace, and is something they don't do nearly enough.
Kids and teens have company heading back to school: More adults over age 35 are returning to the classroom. Here's why.
If you're thinking retirement, but aren't sure exactly where to put your money, target-date retirement funds might be right for you. Personal Finance Correspondent Sharon Epperson explains the strengths and weakness of these "set it and forget it" funds, and whether they're right for you.
A new poll found that 30 percent of retirees would "unretire" if a job became available, The Fiscal Times reports.
Every year, thousands of Americans move to new cities to start retirement -- and that decision must be weighed by a host of factors.
$100 equals $100 … true or false? Not so if you're spending it in different states. A new analysis shows where your money goes furthest.
In fact, 14% of people ages 65 and older have nothing saved, but experts say there's no time like the present to start.
What's worse than financial abuse of the elderly? The fact that relatives, often adult children, are most often the perps. Here's how to spot it.
Four out of 10 workers say they would take a lower salary if they were offered a bigger employer contribution to their 401(k) retirement plan, USAT.
Most everyone reaches a point where managing one's money is too hard. Here's how to know when Mom or Dad needs help, and how best to give it.
Having a family talk about parents' goals for old age is never easy, but experts say it needs to happen more often. Here's how.
Grandparents have to balance their grandchildren's needs without jeopardizing their retirement savings. USA Today reports.