401(k) plans

50% of women say they are behind on their retirement savings.  Here's why they face challenges

50% of women say they are behind on their retirement savings. Here’s why they face challenges

Tim Robbert | Digital Vision | Getty Images Finding enough money for retirement is a challenge for all workers. Women are 50% more likely to say they are late, compared to 35% of men, according to a new report from Goldman Sachs. In addition, 24% said they were “very late”, compared to 14% of men. …

50% of women say they are behind on their retirement savings. Here’s why they face challenges Read More »

How to avoid mistakes with required minimum distributions from your retirement accounts

How to avoid mistakes with required minimum distributions from your retirement accounts

Kemal Yildirim | E+ | Getty Images You have about a month to make sure you get it right when it comes to mandatory retirement account withdrawals. Required Minimum Distributions, or RMDs as they are known, are annual amounts that must be withdrawn from the year you reach age 72 – from age 70.5 before …

How to avoid mistakes with required minimum distributions from your retirement accounts Read More »