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98 results found for “retirement”.

New catch-up contribution: Retirement limit boosted for 401(k) savers in their early 60s

Starting in 2025, workers ages 60-63 can contribute an extra $11,250 to their 401(k) each year through a new “super catch-up" contribution.

Can I contribute to a 401(k) and an IRA?

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.

401(k) contribution limits for 2024 and 2025

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.

What percentage should I contribute to my 401(k)?

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.

Helping Taft-Hartley members pursue a more secure retirement

Our second annual research study offers the single, most comprehensive look at the financial well-being of today’s union members.

Average retirement savings by age

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

The average 401(k) balance by age

The 401(k) is one of the most common investment vehicles to save for retirement. See how your long-term savings stack up.

Sparks fly: The FIRE movement trend is fueling early retirement

FIRE movement advocates embrace becoming financially independent and retiring early, leaving the workforce years or even decades before the average retirement age.

Gen Z’s road to retirement

According to Empower Personal Dashboard^TM 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.

What is the average retirement savings by state?

Americans have saved $498,000 on average for retirement, according to Empower data. Check out the average retirement savings by state.

How to help protect your 401(k) during stock market volatility

Making smart, confident investing decisions means having a plan — not just in the coming days but for the long term.

The magic number: Americans say they need $1.06 million to retire

Americans put the “magic number” for retirement at over $1 million, according to new Empower research. Over half (52%) wish they had saved up more money in their retirement accounts when they were younger.