Retirement Planning

How to Use Behavioral Nudges to Increase Retirement Savings

How to Use Behavioral Nudges to Increase Retirement Savings

The bipartisan legislation recently signed by President Biden requires that all new retirement savings plans incorporate a savings autopilot
starting in 2025. This means that workers are automatically enrolled in their retirement plans unless they opt out, and their savings rates are
gradually escalated over time.

Social Security Retirement Benefits

Social Security Retirement Benefits

Social Security was originally intended to provide older Americans with continuing income after retirement. Today, though the scope of Social Security has been widened to include survivor, disability, and other benefits, retirement benefits are still the cornerstone of the program.

Converting Savings to Retirement Income

Converting Savings to Retirement Income

During your working years, you’ve probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will provide adequate income throughout your retirement years.

Retirement Plan Limits on the Rise in 2022

Retirement Plan Limits on the Rise in 2022

Retirement savers have some reasons to celebrate in 2022. Many IRA and retirement plan limits are indexed for inflation each year. Although the amount you can contribute to IRAs remains the same in 2022, other key numbers will increase, including how much you can...