
Average 401(k) Savings at 4 Different Ages
Only 44% of Americans say they are on track or ahead of schedule for retirement savings, according to a recent national financial stress survey conducted by John Hancock. As 401(k)s are an
Only 44% of Americans say they are on track or ahead of schedule for retirement savings, according to a recent national financial stress survey conducted by John Hancock. As 401(k)s are an
Annuities in retirement plans are popular when offered, according to the survey. The coronavirus pandemic has clawed into the confidence of Americans approaching or already in retirement, making annuities in
The IRS has issued guidance for businesses that choose to give employees a temporary holiday from their share of the Social Security payroll tax. Under a presidential executive order issued Aug. 8,
Low interest rates are bad for households with assets, but good for households with liabilities (loans). For example, I was able to recently refinance my mortgage. So, although the asset
Bloomberg Opinion piece on 401(k) plans by Aaron Brown that’s been making the rounds on Twitter and in financial media is filled with factual errors that undercut the arguments it
An annuity specialist compares strategies for coping with low interest rates.
With the extended July 15 tax deadline fast approaching and the November U.S. presidential election looming, taxes are now top of mind for many investors, and there are several ways
The virus kills some people. For many more people, it leads to time off work. While it is not a cure, disability insurance (DI) can be a bandage to help
House lawmakers passed Wednesday afternoon the Paycheck Protection Program Flexibility Act of 2020, H.R. 7010, which extends several deadlines for small businesses who received PPP loans. H.R. 7010 does the following:
The Treasury Department and Small Business Administration late Friday released a Paycheck Protection Program Loan Forgiveness application along with instructions on how to apply, consistent with the Coronavirus Aid, Relief, and