How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
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About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
The IRS is increasing the contribution limits for retirement accounts in 2026, boosting the top threshold to account for inflation.
The U.S. population of people over 65 is expected to surge by 40% over the next 25 years, but many aren't prepared for longevity, a new study says.
President Trump signed an executive order that he says will democratize alternative investments for workers saving for retirement.
Under a new executive order signed by President Trump, workers could add higher-risk assets like cryptocurrencies to their 401(k)s.
With the markets so volatile, many people across the country are concerned about what that means for their financial futures.
Stocks tumbled for the third straight day Monday as the market tries to gauge what a trade war would mean for the global economy.
After the stock market plunged Thursday and Friday following President Trump's newest announced tariffs, many Americans are seeing their retirement savings, particularly in 401(k) plans, take a hit.
Most Americans are forced to retire earlier than they had expected, often disrupting their financial planning.
Older Gen Xers are turning 59 ½ this month, when they can withdraw retirement assets without a penalty. But many don't have enough saved.
Retirement planner Craig Kirsner recommends people contribute to their 401K plans.
Over the next few years, the U.S. could see a surge in seniors living in poverty, one retirement expert predicts.
People say they need more money than ever to retire comfortably, but most employees are far from reaching their financial goal.
"The American Dream of retirement is going to be a nightmare for too many Gen-Xers," one expert said.
The tax agency said it is also boosting the contribution threshold for IRAs due to inflation.
Markets staged a miraculous comeback Wednesday following stocks' worst-ever Christmas Eve. The Dow posted biggest daily point gain ever.
According to personal finance website GoBankingRates.com, 42 percent of Americans polled said they have less than $10,000 saved for their eventual retirement.
Retirement 911: Are You Prepared? It's Never Too Early To Start
Whether you're 25 or 55, you know you'll want to retire one day – and to retire in comfort you must save. These five simple steps can help you make a big difference in your efforts to reach retirement with lots of money in your retirement account.
Legislators in the Florida House are set to pass a bill to end traditional guaranteed pensions for future state and county employees along with teachers.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
In our consumer-based economy, when shoppers feel like spending, business gets a boost.
Incoming House Speaker Will Weatherford said the current pension system is "old and archaic", and he wants to change it.
When CBS4 Anchor Eliott Rodriguez sat down with Newt Gingrich, he was ready to talk about a lot more than Cuba policy and immigration. The former House speaker also took on a traditional GOP issue: taxes.
As the economy continues to sputter, city and state governments are turning against their own workers to make up the financial shortfall. The latest cuts are targeting pension plans which have pushed some cities to the brink of financial ruin.
Heavy storms flooded streets across Broward County, stalling cars and leaving some pedestrians wading barefoot.
Malia Nummerdor, 38, faces a 2nd-degree felony charge after home surveillance footage led to her arrest.
A new website lets Florida property owners calculate what they'd personally save if Amendment 3 passes.
Florida's gas average jumped 44 cents per gallon in just 10 days, AAA says.
Brightline has recorded more than 200 deaths since service began, and its CEO says the company is working to improve.
Heavy storms flooded streets across Broward County, stalling cars and leaving some pedestrians wading barefoot.
Malia Nummerdor, 38, faces a 2nd-degree felony charge after home surveillance footage led to her arrest.
A new website lets Florida property owners calculate what they'd personally save if Amendment 3 passes.
Florida's gas average jumped 44 cents per gallon in just 10 days, AAA says.
Brightline has recorded more than 200 deaths since service began, and its CEO says the company is working to improve.
Former Cuban President Raúl Castro has reappeared in public at a military event celebrating an army branch's anniversary.
Diario Las Américas, a Miami-based Spanish-language newspaper, reported Tuesday that Castro is seriously ill, citing a confidential source in Cuba close to his inner circle.
A sign referencing Cuba was visible in surveillance footage of a gas pump fire at a Bird Road Chevron station.
Khalid Sheikh Mohammed is accused of developing and directing the plot to crash hijacked airliners into the World Trade Center and the Pentagon on Sept. 11, 2001.
Degnis Bofill, who won a 2022 Latin Grammy, is being held at the Krome Detention Center in Miami-Dade County while his asylum case is pending.
Many Venezuelan immigrants are shunning Florida and turning instead to communities in places like Utah.
Alex Saab, 54, was deported in May by Venezuela's acting President Delcy Rodriguez to the U.S.
Former Venezuelan President Nicolás Maduro and his wife asked a judge to toss their drug trafficking indictment on the grounds that they have immunity as the leader and first lady of a foreign country.
The deal involves developing 17 strategic oil fields in Venezuela, an undertaking that experts said could take years.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
A former Republican Congressman turned Democrat, Jolly is running as a moderate voice, arguing that it is time for change after decades of Republican rule in Tallahassee.
Scott Singer, the former mayor of Boca Raton, discusses winning his primary and what's next in the race.
Former prosecutors question why a grand jury found $10 million misappropriated but charged no one.
The report found taxpayer money was routed through nonprofits and into political accounts, while Attorney General James Uthmeier faces fresh criticism over his role in the transfer.
Moskowitz discusses primary win, Democratic divide.
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Duncan Sheik died on Thursday night, his family said.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Stella Parton gives insight into her sister Dolly Parton's marriage, makeup habits and views on death in an exclusive CBS News interview.