Only 7% of Americans pass a basic retirement knowledge test covering Social Security, Medicare, workplace savings, annuities, long-term care, and life expectancy, with the average score at just 37%.

Americans’ already poor money savvy fell even further this year, a worrisome trend, researchers said, because people with ...

Even more alarming, the share of Americans with very low financial literacy has grown from 20% to 25% since 2017.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The six questions are not technical. They ask whether ...