Annuities provide a guaranteed monthly income for life, making them an increasingly popular strategy for Americans worried about outliving their savings in retirement. Total U.S. annuity sales reached ...
Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Vikki Velasquez is a researcher and writer who has managed, ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for ...
75% of full-time workers have access to employer-sponsored defined contribution plans. Employer and employee contributions to qualified plans are pre-tax, though some plans have Roth options. Defined ...
How much you need to retire on is an age-old question with numerous answers, depending on when you plan to retire, what type of lifestyle you want and other factors. But there are some general ...
457(b) plans are similar to 401(k)s, but they're only offered to government and nonprofit employees. Participants over 50 can make higher catch-up contributions. Investment fees in 457 plans may ...