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2. High interest rates are good news for Americans eyeing retirement

   www.aol.com/finance/high-interest-rates-good...

   For now, the key interest rate remains steady in a range of 5.25% to 5.5%, a 22-year high — a sweet spot for investors, particularly those on the cusp of retiring. To explain what the interest ...

3. Are you 55 and eyeing retirement in the next 10 years? Here ...

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   Increase your retirement savings contributions First off, if you have a 401(k) , consider upping your contributions; if possible, try to take advantage of your full employer match. Remember, even ...

4. Interest Rate Hikes Are Paused: What That Means for Your ...

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   Those increases, which began in March 2022, have brought the federal funds rate from near zero to its current target range of 5-5.25%. A financial advisor can help you protect your money from the ...

5. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Retirement plans in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...

6. Social Security debate in the United States - Wikipedia

   en.wikipedia.org/wiki/Social_Security_debate_in...

   Their plan, as with several other Social Security stabilization plans, relies on gradually increasing the retirement age, raising the ceiling on which people must pay FICA taxes, and slowly increasing the FICA tax rate to a peak of 15% total from the current 12.4%.

7. A complete guide to 401(k) retirement plans: What is a ... - AOL

   www.aol.com/finance/complete-guide-401-k...

   Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...