Big changes might be coming to how people use their retirement savings. The idea is to let folks dip into their 401(k) plans to help buy a home. This news comes from Kevin Hassett, who heads up the National Economic Council. He shared this on Fox Business, saying the president will reveal the full p
Retirement planning can feel overwhelming, but understanding your 401(k) is a great place to start. This savings tool, offered by many employers, lets you set aside part of your paycheck before taxes are taken out. The best part? Your employer might even match your contributions, which is like getti
Retirement planning is crucial, especially since Social Security benefits alone won't cover living expenses. In 2025, the average monthly Social Security check is around $2, 000, which adds up to about $24, 000 a year. This amount is just above the poverty line for a two-person household. To secure
Retirement planning is a big deal for many Americans. Two key players in this game are Social Security and 401(k) plans. Let's break down what you need to know about these sources of income. Social Security is a safety net for retirees, the disabled, and families of eligible workers. It's designed
Retirement planning can be confusing, especially when it comes to 401(k) plans. Many workers start their careers without fully understanding how these plans work or how to make the most of them. Financial expert Dave Ramsey often addresses these concerns, helping people navigate their retirement sav
