| Age 65 1/2 or older by Oct. 29, 2015 (born April 30, 1950, or earlier) |
Age 62 or older in 2015 (born 1953 or earlier, or on Jan. 1, 1954) |
Under age 62 in 2015 (born Jan. 2, 1954, or later) |
||
|---|---|---|---|---|
| Currently married | File and suspend | Still available at FRA*, must file by April 29, 2016 | Not eligible | |
| Restricted application | Still availabe at FRA* if otherwise eligible for spousal benefits | Not eligible | ||
| Unmarried divorced spouse (Previously married > 10 years) |
File and suspend | Not applicable | ||
| Restricted application | Still available at FRA* as long as former spouse also > age 62 |
Not eligible | ||
| Parents with dependent/disabled | File and suspend | Still available at FRA*, must file by April 29, 2016 | Not eligible, but can still start-stop-start | |
| Surviving spouse | File and suspend or restricted application | New rules not applicable. Can still independently choose timing of when to start survivor and individual retirement benefits. | ||
| Individual | File and suspend | Must be FRA* and complete file and suspend by April 29, 2016, for future reinstatement | No future lump sum reinstatement | |
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
