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Inflation Did Not Curb Participants' Retirement Savings in First Half of 2023

Despite consistent contributions, participants taking loans or hardship withdrawals are half as likely to use auto-increase plan feature, T. Rowe Price finds.   ....

Rachel Weker , Health Care , Financial Services , Business Services , Bureau Of Labor Statistics , Information Services , Rowe Price ,

High Earners Get Reprieve With Delay on 401(k) Catch-Up Rule

The IRS pushed back the date when higher earners will have to direct some contributions to a Roth account, giving employers time to adjust. ....

New York , United States , Edmund Murphy , Suzanne Woolley , David Stinnett , Rachel Weker , Bloomberg Companies ,