Retirement Planning

Displaying 7913 results
Voya Financial acquires benefits administration company
RETIREMENT RETIREMENT PLANNING NOV 03, 2022
Voya Financial acquires benefits administration company

Once the deal for Benefitfocus closes, Voya will serve roughly 38 million individuals.

By InvestmentNews
Employers tout HSAs for retirement savings, a pitch advisers already make to clients
RETIREMENT RETIREMENT PLANNING NOV 01, 2022
Employers tout HSAs for retirement savings, a pitch advisers already make to clients

The triple tax benefits of health savings accounts can boost a nest egg while offering a way to cover medical expenses tax-free.

By Mark Schoeff Jr.
Tech stocks weigh on funds popular with 401(k) plans
RETIREMENT EQUITIES OCT 31, 2022
Tech stocks weigh on funds popular with 401(k) plans

Some funds held in many retirement savings plan have large holdings of stocks like Meta, Amazon.com and Apple, which is hurting the funds' performance this year.

By Bloomberg
Americans expect to work longer, save more for retirement, survey shows
RETIREMENT RETIREMENT PLANNING OCT 27, 2022
Americans expect to work longer, save more for retirement, survey shows

Americans age 18 and older anticipate they'll need $1.25 million to retire comfortably, a 20% spike since 2021.

By Gregg Greenberg
Deciphering a cryptic letter from Social Security
RETIREMENT RETIREMENT PLANNING OCT 26, 2022
Deciphering a cryptic letter from Social Security

It’s a good idea to hold on to correspondence from the Social Security Administration to keep track of your benefits and understand any changes in the monthly amount.

By Mary Beth Franklin
Federal court orders company and its owner to repay 401(k) plan
RETIREMENT RETIREMENT PLANNING OCT 26, 2022
Federal court orders company and its owner to repay 401(k) plan

The president and owner of an Illinois-based health care company failed to make necessary contributions to the retirement plan.

By InvestmentNews
Reimagine retirement by focusing on 'future self,' new book urges
RETIREMENT RETIREMENT PLANNING OCT 25, 2022
Reimagine retirement by focusing on 'future self,' new book urges

Eric Weigel suggests figuring out what type of life you want to lead and then working backward to the steps you need to take to close the gap between where you are today and where you want to be in the future.

By Gregg Greenberg
Majority of workers say they're behind on saving for retirement
RETIREMENT RETIREMENT PLANNING OCT 24, 2022
Majority of workers say they're behind on saving for retirement

A new Bankrate.com survey shows more than a third say they're 'significantly behind,' while 20% feel 'slightly behind.'

By Gregg Greenberg
IRS boosts 401(k) contribution limit by record amount amid inflation
RETIREMENT RETIREMENT PLANNING OCT 21, 2022
IRS boosts 401(k) contribution limit by record amount amid inflation

The limit on contributions to retirement savings account will rise by $2,000 to a maximum of $22,500 next year, reflecting the change in the consumer price index.

By Bloomberg
Inflation adjustment boosts IRS standard deduction, lifting take-home pay
RETIREMENT RETIREMENT PLANNING OCT 21, 2022
Inflation adjustment boosts IRS standard deduction, lifting take-home pay

Decades-high inflation prompted an unusually big tweak for 2023, and as a result, employees can expect to see less tax withheld from paychecks as soon as January.

By Bloomberg
Employees need help generating income in retirement
RETIREMENT RETIREMENT PLANNING OCT 20, 2022
Employees need help generating income in retirement

Only 22% of those surveyed are confident in their ability to generate a retirement income strategy if left to their own devices, with the majority worried they'll run out of money in retirement.

By Gregg Greenberg
Standard to buy Securian's record-keeping business
RETIREMENT RETIREMENT PLANNING OCT 19, 2022
Standard to buy Securian's record-keeping business

The sale does not include Securian's pension risk transfer and institutional retirement businesses.

By InvestmentNews
Stock slump has rich rethinking retirement, Natixis survey shows
RETIREMENT RETIREMENT PLANNING OCT 19, 2022
Stock slump has rich rethinking retirement, Natixis survey shows

Almost half of high-net-worth individuals are so worried about retirement security that they avoid thinking about it all together.

By Gregg Greenberg
Captrust adds $900 million in pension assets with acquisition of Patriot Pension Advisors
RETIREMENT RIAS OCT 19, 2022
Captrust adds $900 million in pension assets with acquisition of Patriot Pension Advisors

The deal for the Massachusetts firm marks the 59th acquisition for Raleigh, North Carolina-based Captrust.

By Jeff Benjamin
Benefits may run out faster due to Social Security COLA increase
RETIREMENT RETIREMENT PLANNING OCT 18, 2022
Benefits may run out faster due to Social Security COLA increase

The revenue stream is at risk as the number of retirees grows faster than the number of workers paying taxes.

By Bloomberg
10 of the greatest unretirements of all time
RETIREMENT RETIREMENT PLANNING OCT 18, 2022
10 of the greatest unretirements of all time

Here are a few celebrities who announced their retirements, then subsequently announced they were reversing that decision.

By Gregg Greenberg
What’s new for Medicare open enrollment
RETIREMENT RETIREMENT PLANNING OCT 17, 2022
What’s new for Medicare open enrollment

Most beneficiaries don't switch plans during the annual open enrollment period, but retirees can save money by reviewing their drug coverage options.

By Mary Beth Franklin
Social Security announces 8.7% COLA for 2023
RETIREMENT RETIREMENT PLANNING OCT 13, 2022
Social Security announces 8.7% COLA for 2023

Next year's cost-of-living adjustment will be the largest increase in retirement benefits and taxable wages in 42 years.

By Mary Beth Franklin
Inflation roiling retirees, especially boomers, says Goldman survey
RETIREMENT RETIREMENT PLANNING OCT 12, 2022
Inflation roiling retirees, especially boomers, says Goldman survey

A mere 7% of retirees stopped working because their savings were sufficient to fund their retirement, according to the report.

By Gregg Greenberg
Year-end tax planning for retirees
RETIREMENT RETIREMENT PLANNING OCT 11, 2022
Year-end tax planning for retirees

Tax-loss harvesting and charitable contributions can lower what retirees owe the IRS.

By Mary Beth Franklin