With rates staying higher for longer in 2024, there are more options for those pondering retirement.

A withdrawal from your 401(k) account is typically taxed as ordinary income. Also, you’ll pay a 10% early withdrawal penalty before age 59½, unless you meet one of the IRS…

a sizable 42% of workers agree with the statement, “I prefer not to think about or concern myself with retirement investing until I get closer to my retirement date,”

Forty-seven percent of Americans are finding themselves unprepared for retirement, according to a study by Boston College's Center for Retirement Research.

One in 3 workers cash out their retirement accounts when leaving jobs

“From the youngest to the oldest American workers — GenZ to Baby Boomers — one of their greatest fears about retirement is ‘outliving my savings and investments,’” Catherine Collinson, CEO…

This dearth of retirement savings has lasting repercussions for future retirees.

One in 3 workers cash out their retirement accounts when leaving jobs, according to research provided by the Women’s Institute for Secure Retirement (WISER).

Choosing between staying afloat, setting aside some short-term savings and student debt payments often prevents Gen Z and younger workers from contributing to retirement,”

“More women are talking about money and investing,” Kapusta said. “It’s getting less and less taboo, especially among this younger generation.”