Retirement Advisor

The new guidance follows a new provision in SECURE 2.0, allowing employees to withdraw $1,000 from their retirement accounts for medical care or "any other necessary emergency personal expenses," according to the IRS.

Because of the recent Supreme Court decision to overturn 40 years of federal agency deference, the appellate court ruled that the ESG case should go back to the Texas judge who originally heard the case.

Only 13% of organizations said they considered long-term incentives as an important part of their compensation strategy when conducting pay equity analysis.

The DOL's push to impose a new fiduciary rule, which continues to face lawsuits, could actually offer financial benefits overall for small employer 401(k) plans, says a new Employee Fiduciary study.

One key finding: 401(k) plan participants saved at historic rates in 2023, with the average participant deferral rate reaching a record-high 7.4%.

President Biden's signature SAVE student loan program is now on hold, as GOP states are asking the Supreme Court to completely block the program.

Even while the Supreme Court is deciding the fate of President Joe Biden's blockbuster SAVE student loan program, he announced today another $1.2 billion in student loan forgiveness, bringing the administration's total to nearly $169 billion.

Nearly two in five (37%) of Americans can't afford an unexpected expense over $400, and almost a quarter (21%) have no emergency savings at all, according to a new Empower survey.