New IRS rule affects high-income earners making 401k catch-up contributions. Workers earning $150,000+ must now use Roth accounts, losing tax deductions.
Americans ages 55 to 64 have a median 401(k) balance of $95,642. Workers over 50 can contribute an extra $8,000 annually to 401(k)s. Those aged 60 to 63 can add $11,250. Delaying Social Security until ...
Despite higher wages and more accessible retirement plans, the average retirement age has hardly moved over the past 60 years. For men, the average age of retirement is 65, essentially unchanged over ...
Why settle for low returns on your nest egg when you can earn higher returns for about the same level of risk?
Adding gold to your retirement plan? These allocation rules help gold investors over age 50 avoid costly mistakes.