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Inflation Dashing Retirement Plans as Investors Wake to Price Surges

A new report says higher costs are causing many to downsize visions of a comfortable life after their careers end. ....

United States , New York , Dave Goodsell , Suzanne Woolley , Natixis Global Survey Of Individual Investors , Natixis Center , Global Survey , Time Is Running Out , Avoid Cuts , Social Security , Global Retirement ,

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 ,

401(k) Millionaires Stage a Comeback With Another Quarter of Gains

The tally of seven-figure retirement accounts at Fidelity is climbing as stocks bounce back after falling in 2022. ....

New York , United States , Suzanne Woolley , Michael Shamrell , Fidelity Investments , Fidelity Workplace ,

Retirees Face $17,400 Cut to Social Security Benefits in 2033

A new analysis has calculated the potential reduction in payouts if politicians are unable to address the looming budget shortfall. ....

United States , New York , Suzanne Woolley , Survivors Insurance Trust Fund , Social Security , Responsible Federal Budget ,

US Workers Say They Need $1.8 Million for Retirement

Schwab survey finds nearly 80% of 1,000 401(k) participants said inflation and market volatility were getting into the way of saving more this year. ....

New York , United States , Suzanne Woolley , Charles Schwab , Fidelity Investments , Retirement Savings , Social Security ,