Discover the average retirement savings by age and learn why personalized planning is crucial for securing your future.

A 401(k) loan allows you to borrow from the balance you’ve built up in your retirement account. Generally, if allowed by the plan, you may borrow up to 50% of your vested balance, for a maximum loan amount of $50,000.

A backdoor Roth IRA essentially lets you convert your nondeductible traditional IRA contribution to a Roth IRA.

The amount of retirement millionaires continues to grow, according to Empower data, with 9.1% of Americans falling into this category of retirement savers.

Roth IRAs can be great investment avenues for long-term savings, but there are several rules to be aware of prior to contributing to this retirement account. Here is a rundown of contribution limits and other key considerations.

Is your Social Security income taxable? The answer isn't exactly a simple one.

The U.S. is approaching a big demographic shift, and it’s already starting to reshape how people think about living as they grow older. 

Check out these strategies to make the most of your money whether you’re looking at a windfall of $500, $5,000, $50,000 – or anywhere in between.

A spousal IRA can be an excellent way for stay-at-home parents, homemakers, and other spouses without their own income to prepare for retirement without having to rely solely on their spouse’s retirement accounts.