Retirement Planning

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New bill would require advisers to consider socially responsible investing in retirement plans
RETIREMENT RETIREMENT PLANNING NOV 19, 2020
New bill would require advisers to consider socially responsible investing in retirement plans

Michigan Democrat Andy Levin plans to introduce two bills in the House addressing ESG

By Mark Schoeff Jr.
401(k) defaults linked with lower CARES Act withdrawals
RETIREMENT RETIREMENT PLANNING NOV 19, 2020
401(k) defaults linked with lower CARES Act withdrawals

An academic paper this week found that early withdrawal requests increased most among savers who build their own portfolios

By Emile Hallez
Congress must set aside differences and put savers first
RETIREMENT OPINION NOV 18, 2020
Congress must set aside differences and put savers first

Legislation that helps people build their nest eggs is more necessary than ever, given the retirement savings of U.S. workers are still far from where they should be

By InvestmentNews
To survive in the COVID era, RPAs must adapt
RETIREMENT RETIREMENT PLANNING NOV 18, 2020
To survive in the COVID era, RPAs must adapt

Firms that are clinging to old ways of doing business will struggle to grow, or even keep their doors open

By Fred Barstein
401(k) firms line up for PEPs, anticipating big business in 2021
RETIREMENT RETIREMENT PLANNING NOV 17, 2020
401(k) firms line up for PEPs, anticipating big business in 2021

Registration for pooled plan providers begins later this month, but some companies are already announcing their plans

By Emile Hallez
Should 401(k)s require a test for savers to invest outside of target dates?
RETIREMENT RETIREMENT PLANNING NOV 17, 2020
Should 401(k)s require a test for savers to invest outside of target dates?

Terms like 'mutual fund' and 'passive investing' are misunderstood, and those who can't define them are less likely to invest and save for retirement, according to a new report

By Emile Hallez
INmail: Unusual rules regarding survivors benefits
RETIREMENT RETIREMENT PLANNING NOV 16, 2020
INmail: Unusual rules regarding survivors benefits

Full retirement age for survivor benefits may be different than for retirement benefits depending on the birth year.

By Mary Beth Franklin
Hub International snaps up almost $3 billion in assets
RETIREMENT RETIREMENT PLANNING NOV 13, 2020
Hub International snaps up almost $3 billion in assets

With the latest deals, the firm's retirement plan and private wealth business oversees about $93 billion

By Emile Hallez
Boeing reprieved in 401(k) stock-drop case
RETIREMENT RETIREMENT PLANNING NOV 13, 2020
Boeing reprieved in 401(k) stock-drop case

A judge this week dismissed claims the company breached its fiduciary duty to plan participants by failing to disclose safety issues with its 737 Max model

By Emile Hallez
DOL issues key rule for pooled employer plans
RETIREMENT RETIREMENT PLANNING NOV 12, 2020
DOL issues key rule for pooled employer plans

Pooled plan providers will be able to register beginning later this month and launch plans at the beginning of the new year

By Emile Hallez
Contributions to retirement accounts steady, but withdrawals up: Fidelity
RETIREMENT RETIREMENT PLANNING NOV 12, 2020
Contributions to retirement accounts steady, but withdrawals up: Fidelity

CARES Act distributions averaging $9,000 were taken by 1.2 million account holders

By InvestmentNews
Captrust expands to Colorado with purchase of female-led RIA
RETIREMENT RIAS NOV 12, 2020
Captrust expands to Colorado with purchase of female-led RIA

$785 million Denver-based Shine Wealth Partners will rebrand as Captrust

By Jeff Benjamin
Holding nontraditional jobs after age 62 can build retirement security, study finds
RETIREMENT RETIREMENT PLANNING NOV 11, 2020
Holding nontraditional jobs after age 62 can build retirement security, study finds

The Center for Retirement Research finds value in such jobs even if workers receive no benefits

By InvestmentNews
Amway's 401(k) at center of lawsuit
RETIREMENT RETIREMENT PLANNING NOV 11, 2020
Amway's 401(k) at center of lawsuit

The multi-level marketing company's plan had allegedly excessive fees, according to the complaint

By Emile Hallez
Bob Reynolds reflects on future of 401(k) plans after the election
RETIREMENT RETIREMENT PLANNING NOV 09, 2020
Bob Reynolds reflects on future of 401(k) plans after the election

The Putnam CEO is concerned that the retirement plan system is an easy target if the government needs to raise money

By Fred Barstein
INmail: When to claim survivor benefits
RETIREMENT RETIREMENT PLANNING NOV 09, 2020
INmail: When to claim survivor benefits

Survivor benefits are worth the maximum amount if they are collected at full retirement age.

By Mary Beth Franklin
Getting annuities onto 401(k) plan menus
RETIREMENT RETIREMENT PLANNING NOV 09, 2020
Getting annuities onto 401(k) plan menus

SECURE Act provisions providing plan fiduciaries with some legal protection, requirements for lifetime income disclosures on 401(k) statements and a volatile stock market all bode well for these products

By Emile Hallez
A new world for retirement plan advisers
RETIREMENT RETIREMENT PLANNING NOV 09, 2020
A new world for retirement plan advisers

The average client’s house is in reasonably good order, but mass affluent plan participants may need additional help

By George Moriarty
Medicare premiums, surcharges to rise slightly in 2021
RETIREMENT RETIREMENT PLANNING NOV 08, 2020
Medicare premiums, surcharges to rise slightly in 2021

Income brackets to be adjusted for inflation for high-income retirees next year

By Mary Beth Franklin
What the DOL could look like under Biden
RETIREMENT RETIREMENT PLANNING NOV 06, 2020
What the DOL could look like under Biden

The agency would start reversing Trump policies as quickly as possible

By Emile Hallez