Tricks of the TradeTrump's Second TermMy EconomyI've Always Wondered ...

Loading...

0:00
0% played
Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Stories Tagged as

Retirement savings

What’s the deal with catch-up provisions and retirement?

by David Brancaccio , Chris Farrell and Erika Soderstrom
Jul 27, 2023
The details on this savings tactic and how it’s changing in 2024.
According to a study by Vanguard, only 16% of people near retirement took advantage of the catch-up provision.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Many Gen-Xers have zero retirement funds. What can we do to address America's retirement crisis?  

by Janet Nguyen
Jul 20, 2023
Experts say that there are various policy solutions that can be implemented to address this issue.
Be-Art/Getty Images
Share Now on:
SHARE

Could companies be persuaded to bring back pensions?

by David Brancaccio , Chris Farrell and Erika Soderstrom
Mar 9, 2023
Why defined pension plans could make a comeback in a tight labor market.
Ridofranz via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Retirement accounts fell more than 20% in 2022

by Mitchell Hartman
Feb 27, 2023
Fidelity Investments reports that average 401(k) and IRA balances fell to around $104,000 in 2022, as financial markets stumbled.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Coming soon: new tax incentives for low-income people to save for retirement

by Samantha Fields
Dec 30, 2022
People who meet certain income requirements will soon be able to get a 50% match from the federal government on up to $2,000 they save in a retirement account.
A 2019 paper found many white Americans don't fully understand the true size of the racial wealth gap.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Reforms in latest spending bill could help close gender gap in retirement savings

by Meghan McCarty Carino
Dec 27, 2022
The SECURE Act 2.0 aims to help part-time and lower-wage workers — categories where women are overrepresented — save for retirement.
Because women typically generally earn less over their lifetimes, it can be more difficult for them to save for retirement, says economist Betsey Stevenson.
shapecharge/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

How Congress' latest bid to help Americans save for retirement falls short

by Meghan McCarty Carino
Dec 12, 2022
Economists say bills like the Secure Act 2.0 mostly benefit those who already have some retirement savings.
One in four Americans aren't saving for retirement, many of them because they can't afford to.
DNY59/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

How many American workers are benefiting from employer retirement programs?

by David Brancaccio , Chris Farrell and Jarrett Dang
Jun 21, 2022
A new study sheds light on how just under half of American workers aren't covered by employer health coverage.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Crypto in your 401(k)? Fidelity's plan now faces questions from senators

by Lily Jamali
May 6, 2022
Fidelity Investments says it will allow employers to add bitcoin to retirement portfolios, but Sen. Elizabeth Warren is among those critical of the decision.
While a 401(k) that includes cryptocurrency may pique the interest of younger investors, the volatility of bitcoin worries some financial advisors.
Marco Bello/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

How would "Secure 2.0" change retirement savings plans?

by David Brancaccio , Chris Farrell and Rose Conlon
Apr 14, 2022
The Securing a Strong Retirement Act, now in the Senate, aims to make it easier for Americans to save for retirement.
The Securing a Strong Retirement Act, now in the Senate, aims to make it easier for Americans to save for retirement.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE