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.
2024 has been a year of major CEO shake-ups at some of the world’s biggest companies, with new faces at the helm of iconic brands like Nike, Starbucks, Estee Lauder, and The Walt Disney Company.
For plan sponsors looking to engage employees and optimize their open enrollment experience, taking just a few steps may go a long way toward enhancing the process.
Supplementing your workplace retirement account is a great way to boost your retirement savings and put even more of your money to work in tax-advantaged accounts.
Employees can invest more money into 401(k) plans in 2025, with contribution limits increasing from $23,000 in 2024 to $23,500 in 2025.
One sound strategy to implement into your retirement savings plan routine is to increase your contribution to 10% (or even more) to your retirement plan account.
Our second annual research study offers the single, most comprehensive look at the financial well-being of today’s union members.
FIRE movement advocates embrace becoming financially independent and retiring early, leaving the workforce years or even decades before the average retirement age.
Cost is the primary driver for choosing benefits during open enrollment, and 35% of Millennials (27% of people overall) enroll in the least expensive option regardless of what the plans offer, according to new research from Empower.
According to Empower Personal DashboardTM data in August 2024, Gen Zers (ages 18 to 26) already have an average of $76,568 in retirement savings in employer-sponsored plans and individually controlled IRA savings and investment accounts.