Retirement Trends

Since only 37% of Americans feel confident that they would be able to retire, it's imperative to meet employees where they're at when confronting their retirement planning options, according to a new survey.

Despite consistent contribution levels, many participants have been increasingly tapping their retirement savings - and avoiding foreclosure and paying medical expenses were given as the top two reasons, says Fidelity.

It sounds like good news that interest rates remain unchanged – in the 5.25%-5.50% range – but the Fed is hoping to maintain progress by keeping rates at a 22-year high to curb the nation's sharpest inflation spike in 4 decades.

As the caregiving generation skews younger, it offers an opportunity for financial planning professionals and plan sponsors to help them get a head start on building a strong, long-term financial strategy, says a new survey.

This latest move, which is part of the administration's "relentless efforts to fix the broken student loan system," stems from fixes to the income-driven repayment plan and the Public Service Loan Forgiveness program.

The new legislation provides small employers with increased tax credits for new plans and offers reductions on both start-up costs and administrative burdens, yet 2 in 3 small businesses don't offer 401(k)s, says a new survey.