While bank accounts and many other financial accounts can be jointly owned, retirement accounts like IRAs and 401(k)s are inherently individual. That means each person must open and maintain their own ...

Generally speaking, retirement accounts are afforded a great deal of protection. If you file bankruptcy, creditors cannot go after your retirement savings. This includes individual retirement accounts ...

Retirement might seem like a distant event, but life moves fast. So, investing money for retirement as early as possible—like, now—is extremely important. It can help ensure you’re ready to retire ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Retirement planning is one of the most important financial ...

If you’re unsure how to begin saving or investing, here’s how to build a cash reserve, open a retirement account, and start ...

The IRS allows a withdrawal of up to $1,000 annually from qualified retirement accounts without penalty for emergencies. Emergency withdrawals can potentially help those facing financial challenges ...

As a last resort, many people file for bankruptcy when they are faced with overwhelming debt. In fact, 486,613 people filed for bankruptcy in 2024 — up 16.2% from the previous year. In addition to 464 ...

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Part 2 of a series explaining how, evidence to the contrary, most Americans, most journalists and most policymakers believe the U.S. retirement system is failing. Drawn from The Real Retirement Crisis ...

The investable wealth of US households ballooned by $10.3 trillion over the past year, marking a 13.3% increase, but new research shows that the gains have been concentrated among the wealthiest.