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
LOS ANGELES, May 12- U.S workers are losing at least $24 billion in retirement plan contributions each year by failing to take full advantage of company matches, according to recent research by 401 adviser Financial Engines. But the Financial Engines study is the first to estimate the dollar amount of foregone matches, according to Greg Stein, the company's...
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