Still subject to age and earnings cap limits; other restrictions may apply
Insurer to pull back from cash-heavy products like variable annuities
'Aging in place' is growing trend as retirees prefer to stay put.
People affected by Hurricane Sandy, or their close relatives, can tap qualified retirement plans without having to follow certain procedures for hardship withdrawals, the Internal Revenue Service said.
Sitting on far greater percentage of stocks than traditional IRA holders
Private-equity firms are raising their profile in the indexed-annuity space, worrying observers who fear they are taking greater risks in increasing market share.
While some retirees are simply uniformed, others are dangerously misinformed.
Financial advisers are grateful this Thanksgiving for clients who have been calm and cool in the face of intense market volatility.
Medical pros say they can play a part but financial advisers have key role.