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A new report from Morningstar recommends the safe withdrawal rate for retirees in 2025 is a mere 3.7% — a significant adjustment from the decades-old 4% rule that had dominated retirement planning.
On April 23, the Department of Labor announced it had finalized its Retirement Security rule to "protect the millions of workers who are saving for retirement diligently and rely on advice from...
Saving in 401(k)s and IRAs is a smart way to put money aside for retirement. A 401(k) has a pretty high contribution limit compared to other retirement accounts, which is partly why it serves as ...
The following seven savings and retirement rule changes begin in 2025. So, now is an excellent time to adjust your savings plan to take advantage of them in the New Year. 1.
A key retirement tool gets sweeter. How much you can contribute to your health savings account is getting more generous. The new 2024 annual contribution limit announced by the IRS on health ...
Saving for retirement will get a boost in 2025 thanks to higher contribution limits and the phase-in of provisions stemming from the Secure 2.0 Act. ... The new 2025 annual limit for a health ...