Effective retirement date (day after your last day on the payroll) Your last day at work (last day on the payroll) Add your person number Sign and date the memo Make a copy for your records Submit ...

Use the bucket strategy to divide retirement savings, ensuring funds are available when needed. Systematic withdrawals, like the 4% rule, can adjust based on performance and inflation. Consider ...

American workers have no shortage of options for selecting the best retirement plan. Most people are eligible for more than one retirement plan. 2024 retirement plans generally offer tax advantages.

Full retirement age varies by birth year, affecting Social Security benefits' availability. Claiming benefits before full retirement age reduces them; delaying increases them. Post-FRA work doesn ...

Here's how the Monte Carlo method works and how to apply it to retirement planning. It's also important to understand where it can fall short and how to correct that. A Monte Carlo simulation can ...

Paul Katzeff is an award-winning journalist who has written four books about how to grow your 401(k) retirement nest egg and one about internet investing. He has worked as a senior reporter/writer ...

CNBC Select will update as changes are made public. How much you should be saving for retirement is an age-old question that just about everybody wants to know. While the answer has a lot to do ...

Should I continue to put money into my retirement account, put it in CDs, or just spend it? I do not have to take an RMD until 73 and my husband’s RMD is minimal. We both receive pensions.

CHENG GONG/FOR CHINA DAILY China has decided to gradually raise the retirement age of men from 60 to 63 and women cadres and women blue-collar workers from 55 to 58 and 50 to 55, respectively ...

Older workers can put more money than ever in their 401(k)s starting next year under a new law meant to boost retirement savings for people in their early 60s. The maximum amount savers can put ...

Requires a $3,000 minimum investment. Vanguard’s target-date fund for those already retired is the Vanguard Target Retirement Income Fund (VTINX), which features a bond-heavy strategy designed ...

A 401(k) account can be a great way to save for retirement and minimize your tax burden. This employer-sponsored plan provides numerous long-term benefits, including tax advantages, making it one ...