Older American amassing credit card debt to cover expenses, AARP finds
Nearly half of older Americans with credit card debt are relying on credit cards to cover their basic living expenses, with more than a third seeing balances rise, AARP found.
Social Security payments to increase for public pension recipients
Social Security beneficiaries who receive public pensions may receive higher benefit payments as the implementation of the Social Security Fairness Act gets underway.
401(k) balances hit second highest on record: Fidelity
Balances for 401(k) retirement accounts hit the “second-highest average on record" in the final quarter of 2024, according to new data from Fidelity Investments.
New round of Social Security payments will be made this week
Social Security payments are paid out to beneficiaries at different times of the month depending on their birthdate and how long they've been receiving benefits.
This Midwestern state is considered one of the best places to retire, new study says: see the list
WalletHub, a personal finance company, recently analyzed which U.S. states are the best and worst to retire in in 2025. Florida ranked highly, but other findings were surprising.
If you are 60 years old, new 401(k) rules could save you money
The 401(k) rules allow you to save more if you are close to retirement. Those rules got even better with the start of 2025 if you are aged 60-63. Here's what you need to know..
IRS increases 401(k), other 2025 retirement plan contribution limits
The IRS released its updated contribution limits and adjustments to eligibility thresholds for 401(k) plans, IRAs and other retirement plans to account for inflation.
Social Security's full retirement age is increasing in 2025: What to know
The full retirement age for Social Security is set to increase in 2025, with the age for new retirees to claim and receive their full benefit rising to 66 years and 10 months.
Personal finance expert breaks down the No. 1 rule on the road to becoming a millionaire
"The Ramsey Show's" Rachel Cruze explains why getting ahead on retirement savings, making the most of your company's 401(k) plan and not delaying Roth IRAs can lead to millionaire status.
Gen X helps drive retirement savings balances to new record
Generation X has been boosting its efforts to build nest eggs for retirement, according to the newly-released third-quarter retirement analysis by Fidelity Investments.
The best ETFs for retirees
Americans are reaching retirement age at the fastest pace in U.S. history, and ETFs make it easier for investors to optimize their portfolios and gain exposure to specific sectors.
Best US cities to retire in 2025
The key factors the report used to determine the best places to retire include happiness, affordability, health care quality, retiree taxes, desirability and the job market.
Is a retirement savings crisis looming?
Tens of millions of private sector workers do not have a retirement savings plan through their employer, which could pose problems down the road for taxpayers, one expert says.
Florida CFO requests report on potential for investing some state retirement system funds into digital assets
Florida CFO Jimmy Patronis asked the State Board of Administration to supply a report on the potential of allocating some state retirement system funds to digital assets.
GOP senator explains how inflation 'hits seniors particularly hard' under Democrats
Data surrounding inflation and its impact on retirement is "worrisome" for seniors and those depending on their 401(k)s, Sen. Shelley Moore Capito warns.
Inflation cuts $2.5T from retirement plans despite growth in retirement accounts, says expert
A report by economist E.J. Antoni reveals that Biden-Harris policies have harmed seniors' retirement plans, showing significant inflation-adjusted losses in 401(k) and pension funds.
Why some Americans will receive an extra Social Security check in November
Some American retirees will receive an extra Social Security payment in November due to a scheduling quirk involving the payment schedule of SSI payments to beneficiaries.
Switching jobs? If you're thinking about your 401(k), you might want to reconsider
A report from Vanguard Group indicated that job switching, while beneficial for increased pay opportunities, may mean a dropoff in your retirement savings.
A growing share of Gen Z adults don't think they'll retire: only 20% are saving for it
Gen Z adults are increasingly saying they do not anticipate having a traditional retirement, and only one in five are saving in preparation. That has experts concerned.
This avoidable spending habit is creating a retirement ‘crisis,’ financial expert warns
Ramsey Solutions personal finance expert and "The Ramsey Show" co-host George Kamel reveals the best ways to secure your retirement savings.