Retirement Planning

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5 ways financial advisers can steer clients toward a successful retirement
RETIREMENT PLANNING JUL 26, 2016
5 ways financial advisers can steer clients toward a successful retirement

Knowing common retirement blind spots can make a big difference in mapping out your clients' futures.

By Bloomberg
RETIREMENT PLANNING JUL 22, 2016
Make Medicare easier by using auto pay

Auto payment can help limit the chance of coverage lapses and reinstatement penalties down the road.

By Bloomberg
Retirement plan advisers should keep current clients happy to get new ones: MassMutual study
RETIREMENT PLANNING JUL 21, 2016
Retirement plan advisers should keep current clients happy to get new ones: MassMutual study

Survey shows that 58% of plan sponsors found their adviser through a referral.

By Tanvi Acharya
RETIREMENT PLANNING JUL 21, 2016
Debt dims boomers' retirement prospects

New study shows ongoing bills impede savings and boost baby boomers' retirement income needs.

By Mary Beth Franklin
Under new fiduciary rule, DOL has reason to pay attention to reverse churning
RETIREMENT PLANNING JUL 21, 2016
Under new fiduciary rule, DOL has reason to pay attention to reverse churning

Another reminder of the need to become well-versed on the fiduciary rule's conditions for rollover advice.

By Blaine F. Aikin
RETIREMENT PLANNING JUL 21, 2016
Why filial laws are a 'sleeping giant' that could prompt long-term-care planning

The laws create the possibility that clients' their long-term-care expenses may be shouldered by their children

By Greg Iacurci
American Century employees sue for excessive 401(k) fees
RETIREMENT PLANNING JUL 20, 2016
American Century employees sue for excessive 401(k) fees

Plaintiffs allege the asset management firm populated the retirement plan with proprietary investments for its own gain.

By Greg Iacurci
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'
RETIREMENT PLANNING JUL 20, 2016
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'

The case, which involved a $9 million plan, was voluntarily dismissed by plaintiffs in an unusual turn of events.

By Greg Iacurci
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million
RETIREMENT PLANNING JUL 20, 2016
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million

The retirement plan provider joins a list of other financial firms that have settled excessive-fee lawsuits with their own employees.

By Greg Iacurci
RETIREMENT PLANNING JUL 19, 2016
Franklin Templeton sued by employees for self-dealing in 401(k) plan

The asset management firm joins the likes of American Century Investments and New York Life, which were also sued by employees for using proprietary funds in their 401(k) plans.

By Greg Iacurci
New York Life sued by employees claiming excessive 401(k) fees
RETIREMENT PLANNING JUL 19, 2016
New York Life sued by employees claiming excessive 401(k) fees

Employees are suing for alleged self-dealing and fees charged by a company-affiliated index fund, which plaintiffs claim enriched New York Life at the expense of employees' retirement savings.

By Greg Iacurci
U.S. comes in 14th in global ranking of retirement security
RETIREMENT PLANNING JUL 18, 2016
U.S. comes in 14th in global ranking of retirement security

A common element of countries among the Natixis study's top 10 are compulsory workplace savings programs.

By Bloomberg
U.S. comes in 14th in global ranking of retirement security
RETIREMENT PLANNING JUL 18, 2016
U.S. comes in 14th in global ranking of retirement security

A common element of countries among the Natixis study's top 10 are compulsory workplace savings programs.

By Bloomberg
Administrative 401(k) mistakes now cost more
RETIREMENT PLANNING JUL 18, 2016
Administrative 401(k) mistakes now cost more

The Labor Department is increasing payouts for civil penalties related to retirement plans.

By Greg Iacurci
How to correct Social Security earnings records
RETIREMENT PLANNING JUL 18, 2016
How to correct Social Security earnings records

Mistakes in reported earnings can reduce future benefits.

By Mary Beth Franklin
MassMutual turns to video games to boost retirement savings
RETIREMENT PLANNING JUL 18, 2016
MassMutual turns to video games to boost retirement savings

The newly developed video game seizes on the concept of gamification to improve participant behavior regarding retirement savings.

By Greg Iacurci
Bill to create universal retirement accounts introduced
RETIREMENT PLANNING JUL 15, 2016
Bill to create universal retirement accounts introduced

Legislation calls for employers with 10 or more employees that do not offer retirement plans to open IRAs for employees and contribute 50 cents per hour worked per employee.

By Hazel Bradford
RETIREMENT PLANNING JUL 14, 2016
Does skipping marriage and having kids save money?

Income inequality changing how young Americans have families.

By Bloomberg
Broker-dealers eye level commissions to reduce risk under DOL fiduciary rule
RETIREMENT PLANNING JUL 14, 2016
Broker-dealers eye level commissions to reduce risk under DOL fiduciary rule

Such a strategy is meant to reduce the appearance of a conflict of interest when using commission products in retirement accounts.

By Greg Iacurci
DOL fiduciary rule will nudge 401(k) advisers to zero-revenue-share fund lineups
RETIREMENT PLANNING JUL 14, 2016
DOL fiduciary rule will nudge 401(k) advisers to zero-revenue-share fund lineups

Such a strategy would aim at levelizing compensation, thereby dodging additional compliance requirements and litigation risk.

By Greg Iacurci