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By Cynthia Murray May 22, 2023 I’ll be turning 67 soon. I’d love to be able to retire on my birthday. I’d celebrate by spending the afternoon at the mall with my daughter and then start planning little trips to visit relatives. But even after 22 years of working for Walmart, our nation’s largest employer, […]
Continue reading …A significant portion of workers who left their jobs since the coronavirus began surging were financially unprepared, research shows.
Continue reading …Older workers offset a labor shortage of younger workers. Their exit threatens economic growth, productivity and public finances.
Continue reading …Nonretired Americans’ expectations that they will live comfortably in retirement have risen to a 15-year high of 57%.
Continue reading …Health savings accounts (HSAs) can make a substantial difference in employees’ ability to fund expenses in retirement. Benefit managers can educate employees on the reasons to consider using health savings accounts (HSAs) not just for current medical spending, but for long-term savings and investing.
Continue reading …You’re saving for the day when you’re no longer a full-time worker, but there’s a strong chance that day could come earlier than you expect.
Continue reading …Beginning Sept. 1, 2019, retirement plan sponsors can ask the IRS determination letter program to review the qualifications of hybrid cash-balance plans and certain merged plans. This opportunity will last 12 months for hybrid plans and is ongoing for merged plans.
Continue reading …