Pennsylvania state employees who retired before 2001 will finally see pension increases of up to 24.5% in the new budget.

The more you save for retirement — especially while you’re younger — the faster you’ll become “work optional” and the more comfortable your retirement will be. Of course, some workers save more ...

Explore how nonelective contributions to retirement plans work, their benefits for employees and employers, and potential ...

The typical employee contribution rate falls between about 8% and 10%, depending on the data source. When employer matches are added, total savings climb to about 12% to 14% of an employee's salary.

Benchmarking your contribution rate against others your age can help you see whether your current savings habits are on track. A J.P. Morgan report shows Gen Z workers contribute about 3.7% of their ...

Amber Barkley is a writer and editor with over 10 years of experience in topics ranging from personal finance to marketing analytics to fiction. She found her niche in personal finance in 2022, when ...

Pension contributions now consume 12% of education budgets, up from just 2% in 2015, representing the steepest increase in ...

(NewsNation) — Men have more saved in workplace retirement accounts, but women tend to contribute a larger share of their paychecks to those plans, according to new research. The average 401(k) ...

Higher interest rates take effect on July 1 for the next school year. Borrowers are already dealing with rising college costs and inflation elsewhere. By Ann Carrns Interest rates on new federal ...

Many Rhode Island state workers' retirement savings are locked in TIAA annuity accounts they cannot access until leaving their jobs. Critics warn the plans come with high fees and little transparency, ...

A Howard County Council member running for county executive returned more than $2,000 in donations from a construction company president and his associates after an opponent accused her of taking ...