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How high-earning professionals from executives to lawyers can use their salaries to build a mega Roth IRA for retirement

How high-earning professionals from executives to lawyers can use their salaries to build a mega Roth IRA for retirement
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

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Retirement in Brief: A Pair of Pandemic Surveys Examine Workers' Changing Expectations, and Companies' 401(k) Matches

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While the financial damage done by the pandemic is leading many Americans to rein in their retirement expectations or delay retirement, the number of companies cutting or suspending 401(k) matches remains below the level seen during the 2008 financial crisis, according to a pair of recent surveys.
Here is the latest
Barronâs roundup of news and research to help you make informed decisions and gauge your relative retirement readiness.
Survey: Many Workers Plan to Delay Retirement
Half of all American workers living paycheck to paycheck now expect to delay retirement because of the coronavirus pandemic, according to a survey from the insurance brokerage and advisory company Willis Towers Watson. ....

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Another record year for retirement savings

Another record year for retirement savings
hudsonvalley360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hudsonvalley360.com Daily Mail and Mail on Sunday newspapers.

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COVID-19 and the toll on retirement savings

ARLINGTON, Va. â In contrast to the response during the 2008-09 financial crisis, more than 90 percent of employers will make their retirement plan contributions this year, though smaller organizations are more likely to have suspended or reduced plan contributions in the wake of the COVID-19 pandemic, according to PSCAâs latest snapshot survey of retirement plan sponsors.
Though most companies are not making changes to plan contributions this year, smaller organizations have clearly been more impacted by current conditions and are thus more likely to have suspended or reduced plan contributions â more than one-in-ten (11.5 percent) plans with fewer than 50 participants have made changes to the matching contribution â more than three times the number of organizations with 5,000 or more participants. ....

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