Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...

“An example of dollar-for-dollar ... Workers with a 401(k) plan through Southwest Airlines can expect to double their retirement savings up to a point. When workers contribute to the plan ...

Take advantage of a comprehensive tool designed to help streamline your retirement plan business. Explore the benefits of Plan Advantage. ©2023 Morningstar Investment Management LLC. All rights ...

Similarly, the system depends on new employers offering retirement plans to replace plan closures. Expanding access to employer-sponsored retirement plans is essential to ensuring Americans are ...

Profit and prosper with the best of expert advice on investing, taxes, retirement ... (see an example in action). “Never use the ‘time rule’ to divide a defined contribution plan ...

The Labor Department has launched a 'Retirement Savings Lost and Found Database' to help people find their old 401(k)s, but ...

The same research team that documented the impact of auto-enrollment and auto-escalation in 401(k) plans has returned to the topic to assess how real-life events affect the longer-run effect of these ...

For example, if your salary reaches $445,000 ... depending on when they retire." Southwest’s retirement plan for pilots received special approval from the IRS through a private letter ruling ...

Christine Benz, the director of personal finance and retirement planning for Morningstar has written an excellent book, which ...

You choose investment options within your plan, determining the ultimate value of your retirement fund. Key findings are powered by ChatGPT and based solely off the content from this article.

A defined benefit plan is an employer-sponsored retirement plan that provides qualifying employees with a guaranteed payout in retirement. It's an alternative to a defined contribution plan ...