While the Department of Labor’s recent fiduciary ruling was aimed primarily at retirement investment advisors, including consultants, broker/dealers, insurance agents and IRA providers, it contains plenty of directives that are keeping plan...
Health care is one of the largest expenses your clients will face in retirement, and helping them make good Medicare coverage decisions is a great way to add value to the relationship...
Pre-retirees expect to fund their retirement differently compared to how retirees are currently affording life after work, says HSBC’s Generations and journeys report, part of their “The Future of Retirement” research study...
(Bloomberg) -- A decade ago, the U.S. Congress said companies could tweak retirement plans to get a lot more workers to save. The 2006 Pension Protection Act made clear that employers were allowed to automatically sign up employees for a 401...
(Bloomberg) -- It's "the first Apple Watch app for retirement planning." That's how Empower Retirement, the financial services company that administers 401(k) savings plans for more than 8.1 million participants in the U.S...
The U.S. Census Bureau estimates that by 2050, 20 percent of the U.S. population will be 65 or over. In 2010, the United States had 5.8 million seniors over the age of 85. By 2050, this number will skyrocket to 19 million...
(Bloomberg) -- Over the past decade, Americans got a crash course in money management. The financial crisis and the great recession offered a ton of lessons—the dangers of debt being a big one—while making it impossible to ignore...
(Bloomberg) -- Retirement can seem like an abstract idea until we're alarmingly close to it. It's a little like dying—inevitable, but who wants to think about it. For that reason, many of us put off important moves that could...
On reaching retirement, several of your clients might have a defined benefit pension plan from which to draw. Often, a client can choose between transferring a lump sum amount to an IRA or taking periodic payments over a certain period of time...
