Working for a company with a retirement plan does not necessarily mean that you are a member of the plan, or that you will actually get retirement benefits, or that the benefits will be as much as you think. It's important to know what you've got.
The following stories will help you figure out what sort of retirement plan your employer (or perspective employer) offers, how you can benefit from that plan and what drawbacks there are to the plan.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
You need to understand the basics of your employer's retirement plan.
These accounts offer employees a tax-advantaged way to save for retirement.
This new option gives employees access to tax-free income in retirement.
Employee Stock Ownership Plans and Profit-Sharing Plans
These plans, that let employees share in their companies' profits, have advantages and disadvantages.
-
COVID Hospitalization Rates See an Uptick As Winter Looms — The Kiplinger LetterThe Kiplinger Letter A new Omicron booster is available, but the elderly are still at risk and winter is right around the corner.
-
Will Weight-Loss Drugs Spike Medicare Costs?: The Kiplinger LetterEconomic Forecasts Lawmakers are trying to get weight-loss drugs like Wegovy covered by Medicare. Long-term savings are possible, but it could cost the program $27 billion.
-
Greenland, U.S. Plans to Boost Tourist Economy: Kiplinger Economic ForecastsEconomic Forecasts A U.S. congressional effort could see some Canadian visitors get longer stays, meanwhile, Greenland bids to be the next vacation hotspot.
-
Medicare Drug Price Negotiations Latest: Kiplinger Economic ForecastsEconomic Forecasts Medicare drug price negotiations: Early signs have emerged of how these key talks will be handled.
-
Forces That Affect Your Estate Planretirement From probate and ownership division to the taxing arm of Uncle Sam, here are four things that can influence what happens to your belongings.
-
Make a Plan for Your Retirement Savingsretirement The first step to effectively using your 401(k) is to assess your retirement needs.
-
What to Ask Before Buying an Annuityinsurance If more people understood these confusing products, fewer probably would be sold. Find out what you need to know.
-
Tapping Your IRA in Retirementretirement You can cash in your IRA all at once, but doing so could subject you to an enormous tax bill. You'll probably do better tax-wise by taking out as little as necessary each year.
