Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

People often don’t reinvest their 401(k) money, losing the chance to earn crucial stock market returns, according to a new study. Money; Getty Images Millions of American workers have made a costly ...

When money sits in cash or a money market fund for too long, it suffers from what experts call a "cash drag." Your money isn't working as hard as it could be. Instead of earning returns through ...

Over four million Americans will reach traditional retirement age in 2024, more than any other time in history. We break down what this demographic shift could mean the future of Social Security, ...

Vanguard’s annual America Saves report shows an uptick of Roth 401(k) use both in terms of availability and participant use. Post-tax Roth options are steadily increasing in 401(k) retirement saving, ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP®, answer your questions. If you, a friend, or someone in your family has a money issue or problem, feel free to send those questions to ...

The service is expected to launch for Vanguard's 401(k) plan clients in mid-2022. Vanguard says it plans to introduce an auto portability service for 401(k) sponsor clients and their participants. The ...

Americans are missing out on hundreds of billions of dollars in lost retirement cash because of a simple, forehead-slapping mistake in managing their IRA accounts. That’s the conclusion of new ...

When moving funds from a 401(k) to an individual retirement account (IRA), many investors unintentionally leave their money in cash, a costly mistake that often goes unnoticed. A recent Vanguard study ...