Starting next year, beneficiaries of 529 plans that have been in place for 15 years or more will be able to move assets into a Roth IRA.
As plan sponsors and plan advisors do their annual reviews of company retirement plans, they’ll spend a significant chunk of their time and energy coming to terms with 2022 before seriously looking ahead to the opportunity that is 2023.
There were 88 excess fee lawsuits against retirement plans last year, the second most ever, and Daniel Aronowitz of Euclid Fiduciary expects another busy year.
The majority of account holders contributed more to their HSA than they took out in 2021. But only 12% invested their HSAs in assets other than cash.
Over two-thirds of non-retired investors say they may continue working after they retire.
A growing number of defined-contribution retirement plan participants are seeking guaranteed lifetime income products, according to a report from Greenwald Research.
The convergence of low bond prices, high inflation and market volatility has boosted the number of retirees being forced to go back to work.
Total annuity sales surged to $310.6 billion last year, a 22% spike from 2021 results and 17% above the record set in 2008.
Fund manager Michael Cuggino talks about the value that asset classes like precious metals and real estate can provide.
At Vanguard Charitable, donors granted more than $1.87 billion, marking its sixth straight year of record giving.
