Recently, Nebraska, Idaho and North Dakota passed rules matching NAIC’s standard, joining other states on the roster: Arkansas, Arizona, Delaware, Iowa, Michigan and Rhode Island.
The trade group says its members could save as much as 50% over the cost of health coverage on the open market.
The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.
People who self-directed their investments shifted to more conservative allocations, with an average decrease in equities by 17 percentage points during the first quarter of 2020.
The invested money reached $23.8 billion at the end of 2020, up more than 51% from the $15.7 billion seen at the end of 2019, according to a report Monday from HSA research and consulting firm Devenir.
We can learn from the last year and look back on it as a catalyst to achieve long-term, sustainable and far-reaching positive change.
Data from InvestmentNews Research and an annuities webcast show that more advisers are interested in the products.
Personal information used to cross-sell other services is not a plan asset, a court found. Two new 401(k) lawsuits were also filed against Icon Clinical Research and Wesco Distribution.
Over the past several years, the pace of dealmaking has accelerated, and valuations for desirable RPAs have climbed to earnings multiples that not long ago would have stunned buyers and sellers. That makes the present a very good time to consider becoming part of a larger firm.
Arnerich Massena is shedding retirement assets to focus on private wealth management, endowments and foundations.
Pacific Investment Consultants is based in Folsom, California.
In the final part of a three-part series, the authors examine planning's role in the changing preferences of next-generation clients.
Not having a retirement income solution within a DC plan is like having the pilots on a commercial flight parachute off midflight, forcing passengers to land the plane.
In the past week alone, at least three PEPs have been announced. Those include plans from American Trust, Access Retirement Solutions and a new entity from venture capital firm Magis Capital Partners, Sallus Retirement.
A report from the Alliance for Lifetime Income calls for new retirement income model that includes annuities.
In the second of a three-part series, the authors examine the importance of asset allocation in the changing preferences of next-gen clients.
The first of a three-part series breaks down important preferences of next-gen clients as wealth managers manage the transfer of wealth.
That will likely have a lasting effect on retirement savings for those workers, nearly 70% of whom said they will not pay back any portion of the distributions they took under the CARES Act, according to data from Principal Financial Services.
With $600 billion in assets under advisement, Captrust has appointed a head of wealth management to lead the growing $24 billion under management business.
The CFP Board has spent $10 million each year on the campaign since its launch in 2011. The campaign is funded by an additional $12 per month that is added to the annual CFP certification fee.
