Topic
Retirement savings
12 stories related to this topic, newest first.
Fortuneai5 days ago
TIAA Staff Stop Scam Targeting Retiree’s $3 Million Account
Staff at TIAA prevented a scam that targeted a 76-year-old client’s retirement savings. Artificial intelligence flagged the suspicious activity, but human review stopped the transfer.
New York Postbusiness25 days ago
North Carolina Man Sentenced to 12 Years for Insurance Fraud
Greg Lindberg received a 12-year prison term after pleading guilty to conspiracy and money laundering charges. Prosecutors said he diverted more than $2 billion from insurers that held retirement savings for thousands of policyholders.
Benzingafinance29 days ago
Data Shows Median Savings for U.S. Households in Their 50s
Federal Reserve survey data reports median bank balances of $8,350 and median retirement savings of $150,000 for households in their 50s. Average figures are higher due to a smaller number of larger accounts. Net worth medians reach $306,000 when home equity is included.
foxbusiness.comfinance30 days ago
Philadelphia Voters Approve City-Run Retirement Savings Program
Philadelphia voters approved a city-run retirement savings program for workers without 401(k) plans. The measure creates the first such municipal program in the city.
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rte.iepolitics34 days ago
Pensions Commission Report Shows Shortfalls in Retirement Savings
A new interim report from the Pensions Commission found that millions of people in Britain are not saving enough for retirement. Lower and middle-income earners and self-employed workers face the largest gaps in pension coverage.
rte.ieworld36 days ago
Taxes Can Reduce Retirement Savings Growth
Taxes on withdrawals and required distributions can lower the amount retirees keep from their accounts. Planning steps can help limit the impact of those taxes.
tass.compolitics51 days ago
Trump Signs Executive Orders on Cuba Sanctions and Retirement Savings
President Donald Trump signed an executive order on May 1 tightening U.S. sanctions on Cuba, targeting government officials and foreign entities. He also signed an order on April 30 establishing TrumpIRA.gov to provide retirement savings options. Another order aims to accelerate…
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nbcnews.compolitics12 days agoSourced
Trump Signs Order Creating TrumpIRA.gov for Retirement Access
President Donald Trump issued Executive Order 14403 directing the establishment of TrumpIRA.gov to expand retirement savings options for American workers. The move requires federal agencies to develop and launch the platform, potentially increasing savings participation among the…
techcentral.co.zaai56 days ago
Elon Musk Predicts AI and Robotics Will Eliminate Scarcity, Making Retirement Savings Unnecessary
Elon Musk stated on a January 2026 podcast that saving for retirement is unnecessary due to advancing AI and robotics leading to a world without scarcity. He predicted AI will exceed combined human intelligence by 2030 and humanoid robots will outnumber humans. Federal Reserve da…
Substrate placeholder — needs reviewfinance52 days ago
Proposed Federal Rule Seeks to Allow Alternative Assets in 401(k) Plans Amid Employer Liability Concerns
A proposed federal rule would permit 401(k) retirement savings plans to include alternative assets such as cryptocurrency and private equity. The rule aims to provide a framework for plan fiduciaries to evaluate these investments. However, employers may still face potential lawsu…
Substrate placeholder — needs reviewfinance52 days ago
Labor Department Proposes Expanded Access for Wall Street Firms to 401(k) Market
The U.S. Labor Department is considering a plan to provide Wall Street firms with greater access to the 401(k) retirement savings market. This proposal aims to increase investment options for participants in employer-sponsored retirement plans. The move follows ongoing discussion…
Substrate placeholder — needs reviewfinance76 days ago
Robinhood Shifts Focus from Millennials and Meme Stocks to Gen Z and 401(k) Services
Robinhood, known for its appeal to millennials through commission-free trading and meme stock activity, is now targeting Generation Z users and expanding into retirement savings options like 401(k) plans. The company aims to broaden its user base and diversify its offerings amid…
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