COVID-19 has highlighted the necessity of planning for care in old age, and advisers are increasingly recommending 'hybrid' annuity or life insurance products
Litigation alleging that plan sponsors breached their fiduciary duty keeps coming
Most people who shifted allocations in their retirement plans were more sophisticated investors, according to research published by NBER
The Viagra college fund is alive and well, but the earnings test could reduce benefits
The agency says the measure will ensure financial advisers act in retirement savers’ best interests
The combined companies will give retirement savers the ability to view all of their financial accounts in one place
By claiming her Social Security early, will my client's benefits be permanently reduced?
The deal would bring Personal Capital's online and human adviser services to Empower's retirement plan business
In a letter to a U.S. appeals court, the Department of Labor again argues that the state-sponsored auto IRA is preempted by ERISA
Less than 5% of participants have taken distributions related to COVID-19, several surveys show
Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria
Those who took required minimum distributions in January are allowed to undo them, and the timeframe for doing so extends through Aug. 31
The agency argued a fiduciary responsibility involves focusing solely on returns for participants
The agency is delaying lump-sum payouts of back benefits amid the pandemic
The company will be one of the first provide the plan type outlined in the SECURE Act
But only if retirement plan advisers lead the way
Participants in the $557 billion Thrift Savings Plan will have many more target-date vintages available to them starting in July
The product includes five glide paths and can include investment options that are already on plan menus
Receiving Social Security benefits on someone else’s earnings record.
A bipartisan bill to amend the Internal Revenue Code hints at more attention to the issue, according to a report from Morningstar
