Average retirement savings by age Discover the average retirement savings by age and learn why personalized planning is crucial for securing your future.
Where do the biggest spenders live? Connecticut tops the list at $7,068 monthly While American consumers are feeling more optimistic, spending varies across the map depending on income, cost of living, savings habits, and other factors.
How much should I save for retirement? It might be the most common question asked by retirement savers: How much money do I need to save for retirement?
How $500, $5,000 or $50,000 can power your financial future 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.
Spousal IRA: What it is and how it works 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.
Unraveling the 403(b): Eligibility, withdrawal rules & taxes A 403(b) plan is similar to a 401(k) plan with a few exceptions. Here's how 403(b) plans work, as well as the pros and cons of investing in this type of retirement plan.
Roth vs. traditional IRAs: Which should I choose? Two common types of IRAs are Roth IRAs and traditional IRAs, which have similar contribution limits but differ when it comes to their tax advantage. Which should you choose?
SIMPLE IRA: Understanding the benefits & basics A SIMPLE IRA — short for Savings Incentive Match Plan for Employees IRA — is a retirement plan designed for small business owners and their employees to save for retirement.
What Americans spent and saved in 2024 Empower Personal DashboardTM data reveals financial trends this year. How do your money habits compare?
What is a Roth IRA? A Roth IRA is a type of investing account designed for retirement savings. Find out if it may be the right investment vehicle to help you meet your goals.
No longer elective: Personal finance education is becoming a must in high schools More states are requiring high school students to take personal finance course, with an emphasis on the real-world money skills they'll need after graduation.
Roth IRA withdrawal rules The money in your Roth IRA is more accessible than in other retirement accounts. However, it’s important to understand the withdrawal requirements and the repercussions of early withdrawals.
