A strong market is boosting Americans' nest eggs: Average 401 (k), IRA and 403 (b) account balances hit record highs in the ...
What really matters is saving enough to know you can live comfortably in retirement. Turn that discouragement into ...
Market slumps tend to hit retirement savers where it hurts most: their sense of security. When balances fall sharply, ...
A new report on retirement savings suggests that only top earners are making real progress. Everyone else is saving less.
You’ve probably heard the saying, “there’s no such thing as free money,” more than once in your life. That’s mostly true — unless you’re growing a literal money tree in your backyard — but there is ...
AI, annuity options, stickier enrollment and more comprehensive advice are raising the bar for workplace retirement-savings plans When it comes to workplace retirement plans, not all 401(k)s are ...
For example, let’s imagine Helen. At 70 years old, she is a retired widow and withdraws $2,500 per month from her 401 (k) to ...
For many workers, saving for retirement is a chore, given how complex managing workplace plans can be. However, new research shows that automating key administrative aspects of the process could have ...
The average 401(k) balance for someone in their 60s was $568,040 as of June 2025. The median, though, was far less: $188,792.
Workplace 401(k) accounts have become critical to retirement security, and with good reason.The majority of private sector workers have access to these plans, which are easy to enroll in and come with ...
Bank of America launches new tool to turn retirement savings into a predictable income for employees at no extra cost.