Let’s say you’re a public school teacher earning $70,000 annually. Your 401 (a) plan requires you to contribute 5% ($3,500), ...

The OPM director uses his weekly updates to detail efforts to replace paper applications, guide employees through the Online ...

This simple framework is reshaping how retirees plan their income, but is it right for you? Here's what to know.

“The biggest retirement mistakes most workers make is keeping contribution rates flat year after year,” stated Lisa A.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

A truly comfortable retirement requires more than just money; it must also include good health, happiness, and a sense of ...

While many Americans think $1.5 million is the goal for retirement savings, the reality is that this much money just doesn’t ...

Retirement is lasting longer for many Americans, but confidence in their financial readiness isn’t keeping pace.

More and more, couples are splitting up after or near retirement. However, when a couple divorces, it isn't as simple as, "You go your way, and I'll go mine." This is especially true when a ...

Here's the average Social Security benefit at age 67, which is the full retirement age for people born in 1960 or after.