Requesting a lump payout can make sense for some people.
The new interpretation on the definition of advice has some benefits for plan advisers, and it will be in place even if the rule is halted
Participants contributed 7.6% of their pay, while employers put in 5.3%, the survey finds
Consolidation in this business gives opportunities and challenges, guests at the RPA Convergence Roundtable and Think Tank said.
People are tacking on nearly $2,000 to credit card balances pay for holiday presents, a survey found
No retroactive payouts are available before full retirement age
The rule's effective date falls after the Biden administration comes into power, meaning its ultimate fate remains unclear
The measure, led by Rep. Andy Levin, would require advisers to consider environmental, social and governance factors in investment decisions
The decision follows a similar one by Prudential Financial to stop selling variable annuities with living benefits, amid extremely low interest rates
The IRMAA surcharges outlined in notification letters apply only to 2021 Medicare premiums based on 2019 tax returns.
The move could curb shareholder actions related to sustainable investing
In an unusual move, a broker-dealer is picking up a plan administrator
Record keeping will be done by Vestwell, investing by Envestnet
The recent RPA Convergence Broker-Dealer Roundtable and Think Tank highlighted opportunities and challenges.
At a Senate hearing, a financial adviser and an insurance executive back small-business incentives and raising RMD age
The payroll services giant’s program will start Jan. 1
New cases were filed against employers, and insurers have tamped down limits on fiduciary liability coverage
While the majority of plans don't include such options, employers have become more receptive to financial wellness, according to new research
There is no value to delaying Social Security beyond age 70 since delayed retirement credits end then.
Collective investment trusts are all about pooling assets, which is at the heart of the value of DC plans
