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  2. The pros and cons of taking out a 401(k) loan - AOL

    www.aol.com/finance/pros-cons-taking-401-k...

    The ability to take out a loan helps make a 401 (k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

  3. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    Governmental employers in the United States (that is, federal, state, county, and city governments) are currently barred from offering 401(k) retirement plans unless the retirement plan was established before May 1986. Governmental organizations may set up a section 457(b) retirement plan instead.

  4. Here’s the average Social Security benefit for retirees right ...

    www.aol.com/finance/average-social-security...

    The 3.2% Social Security cost-of-living adjustment (COLA) that took effect in January 2024 was announced in October 2023 and is based on the increase in CPI-W between the third quarters of 2022 ...

  5. I'm a Senior. How Can I Increase My Retirement Income? - AOL

    www.aol.com/seniors-using-plan-retirement-income...

    Many adults approaching retirement age have little to no retirement savings. In fact, the U.S. Government Accountability Office said that almost 50% of households headed by someone aged 55 and ...

  6. Continuing care retirement communities in the United States

    en.wikipedia.org/wiki/Continuing_care_retirement...

    A continuing care retirement community ( CCRC ), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be ...

  7. Retirement community - Wikipedia

    en.wikipedia.org/wiki/Retirement_community

    A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [1] Some of the characteristics typically are: the community must be ...

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