Tag #Retirement Savings

lemonde.fr
🌐 65% Global Worthiness
News related image

French Banks Expand SRI Options in Retirement Savings Plans

French banks are offering more Socially Responsible Investment (SRI) options within retirement savings plans (PER), such as BoursoBank's and Placement-direct's offerings, which have shown strong performance, although legal requirements for individual PERs lag behind those for life insurance.

Progress

48% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
News related image

Low Stock Market Participation Persists in Germany Despite Efforts

In 2024, only 17.2% of Germans over 14 held stocks, down from previous years, due to risk aversion, economic uncertainty, and increased savings interest rates; despite this, younger investors (under 40) increased by 150,000.

Progress

44% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Key 2025 Federal Tax Changes for Employees

The 2025 Social Security wage base is $176,100; supplemental income tax withholding is 22%; and the 401(k) contribution limit is $23,500 ($31,000 for those 50 and older).

Progress

28% Bias Score

Reduced Inequality
nos.nl
🌐 75% Global Worthiness
News related image

Netherlands Approves 10% Early Pension Withdrawal, Raising Financial Risk Concerns

Starting July 1, 2025, Dutch pensioners can withdraw 10% of their savings upon retirement; this measure, approved by the lower house and likely to pass the upper house, aims to grant pensioners greater control over their funds, though concerns exist about potential financial risks, particularly for ...

Progress

48% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
News related image

Spain Allows Early Pension Withdrawals: €64 Billion Accessible

In Spain, starting January 1, 2025, individuals can withdraw funds from their pension plans after a 10-year contribution period, impacting €64 billion (half the total) and potentially altering the long-term savings structure.

Progress

60% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
News related image

Social Security's Full Retirement Age Rises Again in 2025

The full retirement age for Social Security benefits is increasing to 66 years and 10 months for those born in 1959, starting November 2025, impacting younger Boomers and Gen Xers who already face insufficient retirement savings; the final increase will be to age 67 for those born in 1960 or later.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Pressure Mounts on Chancellor to Rule Out Pension Tax Raid

Following the appointment of pensions minister Torsten Bell, who has previously advocated for major pension tax reforms, industry experts are urging Chancellor Rachel Reeves to rule out further tax increases on retirement savings to avoid a repeat of the pre-Budget rush to withdraw funds, leaving ma...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

Secure Act 2.0 Increases 401(k) Contribution Limits for Older Workers

The Secure Act 2.0, effective January 1, 2025, raises 401(k) catch-up contribution limits for those aged 60-63 to \$34,750 annually, significantly increasing retirement savings and tax advantages for older workers.

Progress

48% Bias Score

Reduced Inequality
allafrica.com
🌐 75% Global Worthiness
News related image

Nigerian Pension Sector's Resilience Amidst 2024 Economic Downturn

Nigeria's pension sector defied a challenging 2024 economy, growing assets to N21.9 trillion with 10.5 million contributors by October, showcasing resilience despite inflation reaching 34.19 percent and the Monetary Policy Rate at 26.25 percent.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 65% Global Worthiness
News related image

2025 401(k) Contribution Limits Increase: Benefits and Challenges

The 2025 401(k) contribution limit increases to $23,500, with a $7,500 catch-up for those 50+, plus a super max catch-up of $11,250 for those aged 60-63; however, employer plan approval is necessary. A CNBC poll found 40% of Americans are behind on retirement savings.

Progress

40% Bias Score

Reduced Inequality
zeit.de
🌐 75% Global Worthiness
News related image

Union Proposes State-Funded "Frühstart-Rente" for Children

Germany's Union party proposes a state-funded "Frühstart-Rente" plan, providing €10 monthly to children (6-18) in capital market depots, aiming to improve private retirement savings and reduce future public pension burdens, costing €7 million monthly per age group.

Progress

56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
News related image

Fidelity Sets Retirement Savings Milestones

Fidelity Investments recommends saving 10 times one's annual income by age 67 for retirement, suggesting specific savings milestones by ages 30, 40, 50, and 60, while emphasizing a 15% savings rate and considering factors like Social Security and potential income fluctuation.

Progress

44% Bias Score

No Poverty