Diminished capacity creates new investment risk
White paper says financial services firms must adapt to the threat or pay the price.
INmail: Delaying Social Security protects the younger spouse
To maximize benefits over the couple’s joint lifetimes, claiming her Social Security benefits early will likely result in the largest payout.
Third of near-retirees fail basic Social Security quiz
The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.
Demographics, Covid speed looming retirement crisis
A report from the Alliance for Lifetime Income calls for new retirement income model that includes annuities.
82% of Americans say Covid affected their retirement plans
A Fidelity study underscores the importance of financial planning, but reveals that the term means different things to people of different ages.
New option for Social Security training
The National Association of Registered Social Security Analysts' program qualifies for CFP and CPA continuing education credits.
INmail: How to switch from spousal to retirement benefits online
One of the silver linings of the pandemic is the Social Security Administration has made it easier to conduct business online and over the phone.
How Covid-19 changed retirement planning
When to claim Social Security is the top question for new retirees.
INmail: Social Security wants its money back
When a family member dies, the Social Security office will often ask for the last check back.
Medicare questions spike as boomers work past 65
Financial advisers are being bombarded with questions about whether clients need to enroll in Medicare.
Wealthier clients saving in 401(k)s may fall into tax trap
Too much money in tax-deferred retirement accounts could undermine clients' financial plans if taxes rise in the future to pay for today’s exploding government spending.
Social Security adds new guidance to online statements
The agency includes new fact sheets that target different age groups and special situations, such as eligibility for benefits.
Women rely on financial advisers more than men
But many women are reluctant to pay for advice, with only 51% of female respondents surveyed by Cerulli agreeing that they are willing to pay for financial advice, compared with 58% of men.
Stalking a Social Security application decision
The application for benefits was submitted more than seven weeks earlier; persistence pays off in tracking down why the response took so long.
INmail: When to claim survivor benefits
If the goal is to collect the largest possible survivor benefit, wait until full retirement age to claim it.
COVID accelerates the evolution in key financial planning trends
Women Adviser Summit speaker Shannon Spotswood of RFG Advisory says the pace of change in the advisory business 'has been put on steroids' and explains how to future-proof your business.
Women’s retirement plans torpedoed by COVID
Nearly three-quarters of women with investible assets of $100,000 or more say the pandemic has negatively impacted their ability to retire, but as that is happening, more women are turning to financial professionals for advice, according to a Nationwide survey.
INmail: Social Security rules for divorced spouses
Can a divorced person still collect Social Security benefits on an ex’s earnings record?
Beware: Enrolling in Medicare can nix contributing to an HSA
HSAs have no annual use-it-or-lose-it requirements, and balances can be carried forward from year to year and withdrawn tax-free in retirement to pay for medical expenses, such as Medicare and long-term care premiums — but not Medigap premiums.
When eligibility for retirement and disability benefits overlaps
A new report from the Social Security Administration provides a road map for maximizing benefits for individuals who qualify for both programs.
