Merrill Lynch was fined $8 million and will reimburse $24.4 million to customers to settle allegations that it overcharged more than 47,000 customers.
America's highest court has unanimously decided that creditors can go after IRAs that are inherited.
Folks on TV shows like "American Pickers" who claim their collections are their retirement portfolio are living in a risky world.
U.S. News recently fielded questions through social media from young adults about how to invest their money. Here are answers to their questions.
The good news is there are now more millionaires than ever. But when it comes to retirement, is a million dollars enough?
MoneyTips.com gave DailyFinance an exclusive first look at its new survey of Americans' financial wellness. And any way you slice it, the results are scary.
Most so-called "self-directed IRAs" aren't -- they're just multiple choice. Real self-directed IRAs can tap nontraditional investments, with huge potential.
A million dollars in your retirement nest egg isn't what it used to be, but it sure beats having nothing at all.
By raiding your 401(k) like a piggy bank, you're only harming your future self. Unfortunately, that's what many Americans are doing.
Indexed universal life insurance, its sellers say, lets you profit from market gains, but dodge the pain of declines. Sound too good to be true? It should.
Knowing just how much to save is one of the hardest financial challenges there is in retirement planning. Here are several common pitfalls to avoid.
A new Gallup poll finds the average age at which Americans retire is now 62, the highest it's been since Gallup began keeping track more than 20 years ago.
In a divorce, you may lose income, moral support and a safety net. These often-forgotten but critical steps will get your financial life back together.
You want to invest prudently, but how do you decide which types of investments should go into your retirement accounts versus your taxable accounts?
The little-known Solo 401(k) or a Solo-k beats traditional corporate 401(k)s in higher savings limits and in the ability to invest in a variety of options.
For those just starting out in their careers, here's guidance on saving and spending wisely.
Follow the classic 4% rule, and a $1 million nest egg will mean $40,000 in annual income in retirement. Let's face it: That's not going to cut it.