All contributions to 401(k)s from employees are fully tax deductible, but under the Obama budget, the deduction would be capped at 28 percent for high-income earners.

Fidelity Investments has won 18 2014 U.S. Lipper Fund Awards honoring individual mutual funds that have outperformed peers based on risk-adjusted, consistent return.

Poorly structured policies implemented over the past few decades by states and cities are threatening retirement security for public school teachers, according to a new report published by Bellwether Education Partners.

The foundation hopes to raise awareness of the retirement crisis in the United States, which has become a critical issue for foundations members, employees and plan participants as well as the general workforce.

The Federal Reserve will taper its quantitative easing by another $10 billion to $55 billion a month because it thinks the economy is strong enough.

A survey found that 57 percent of respondents are bullish on the investment outlook for the next 12 months, compared to 53 percent in 2013.

Approximately 56.7 percent of early baby boomers, 58.5 percent of late boomers, and just under 58 percent of Gen Xers are projected to not run short of money in retirement.

Workers who think they have excellent chances of living to ages 75 and 85 plan to work longer than those who think their chances are poor, according to a new study by the Center for Retirement Research at Boston College.