Advisers have a huge opportunity to win business in the 403(b) arena, but they must act quickly, a retirement expert said at a panel on the subject at the Center for Due Diligence’sconference in Scottsdale, Ariz.
Advisers need to keep an eye on a particular court case regarding 401(k) fees, because if the U.S. Court of Appeals rules in favor of participants, an outpouring of additional lawsuits could occur in short order, according to a lawyer who specializes in retirement issues.
Advisers need to brace themselves for more changes in and scrutiny of 401(k) plans, particularly as investors have witnessed their nest eggs dwindle dramatically in recent weeks, according to one retirement expert.
Powerful House Democrats are eyeing proposals to overhaul the nation's $3 trillion 401(k) system, including the elimination of most of the $80 billion in annual tax breaks that 401(k) investors receive.
A wide range of sweeping changes to the 401(k) system were proposed Tuesday at a hearing on how the market crisis has devastated retirement savings plans.
Investors who maintain self-directed 401(k) accounts or individual retirement accounts are increasing their investments in exchange traded funds.
The Investment Company Institute and the Securities Industry and Financial Markets Association are launching a new research project to improve understanding of investors' use of individual retirement accounts.
Massachusetts Secretary of the Commonwealth William F. Galvin today called on Congress to temporarily suspend the 10% penalty tax on early withdrawals from 401(k)s.
Debit card loan programs recently have been the focus of criticism in Washington.
If employees knew how much cashing out their plan when getting laid off or changing jobs could affect their future, maybe they would leave the plans untouched.
Efficient Market Advisors LLC of Del Mar, Calif., announced today the launch of the first 403(b) retirement program offering professionally managed portfolios of exchange traded funds.
Participants in 403(b) plans tend to be more conservative and set aside less money than those in 401(k) plans, according to a new study.
Our consumer-driven society has long since sped through the intersection where discretionary spending meets available income.
How does terminating your 401(k) plan affect your retirement?
Consider the inertia of today's 401(k) plan participants the vindication of behavioral economics.
Worries about bank failures and the stability of other financial institutions are all over the news lately.
Despite reports this year that more people were borrowing from their 401(k) plans to cover daily expenses, the latest data from several plan providers show that the number of loans have fallen in some cases.
Two proposed rules are designed to enhance access to financial advisers by DC participants and IRA holders.
The amount of money that employees paid in to their defined contribution plans in the first half of 2008 increased.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
