Retirement Planning

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Legislation would end taxes on Social Security payments
RETIREMENT PLANNING SEP 01, 2022
Legislation would end taxes on Social Security payments

A bill introduced by Rep. Angie Craig, D-Minn., faces long odds this year, while the prospects for broader reform of the program depend on the outcome of November's election.

By Mark Schoeff Jr.
Pensions ahead of ESG funds on proxy votes
RETIREMENT PLANNING SEP 01, 2022
Pensions ahead of ESG funds on proxy votes

Compared with general shareholder votes, defined-benefit programs were much more likely to support resolutions around ESG governance and worker protection.

By Emile Hallez
Inflation nudges retirement plan participants to adopt healthy habits
OPINION AUG 31, 2022
Inflation nudges retirement plan participants to adopt healthy habits

While the current economy is causing uncertainty and jitters, it’s also encouraging participants to act more like institutional investors.

By Nick Della Vedova and Jeff Elvander
RPA offers expanded adviser managed accounts
RETIREMENT PLANNING AUG 31, 2022
RPA offers expanded adviser managed accounts

The RIA specializing in public-sector retirement plans is working with Stadion on participant-level personalization and using EPIC's record-keeping platform.

By InvestmentNews
Make the right initial Medicare decision
RETIREMENT PLANNING AUG 30, 2022
Make the right initial Medicare decision

As clients consider the different types of coverage, they need to ask the correct questions and observe sign-up deadlines.

By Mary Beth Franklin
Retirement plan providers' investments in technology are paying off
RETIREMENT PLANNING AUG 29, 2022
Retirement plan providers' investments in technology are paying off

A quarter of plan participants now prefer to receive 401(k) account information via email, up from 9% in 2020, according to Cerulli Associates.

By Ryan W. Neal
Top retirement providers ranked on digital experience
RETIREMENT PLANNING AUG 27, 2022
Top retirement providers ranked on digital experience

As the market sell-off erodes investors’ savings, they’re becoming more critical of the platforms provided by their retirement plans.

By InvestmentNews
Delaware becomes 16th state to join auto-IRA ranks
RETIREMENT PLANNING AUG 26, 2022
Delaware becomes 16th state to join auto-IRA ranks

Gov. John Carney signed the Delaware EARNS Act, which requires businesses with more than five employees that don't offer a retirement plan to enroll in the state program.

By Gregg Greenberg
Hub unit launches financial wellness service
RETIREMENT PLANNING AUG 25, 2022
Hub unit launches financial wellness service

Companies can use Hub FinPath to give their workers access to financial coaches as well as online tools.

By InvestmentNews
Social Security spousal benefits explained
RETIREMENT PLANNING AUG 25, 2022
Social Security spousal benefits explained

It seems like a good time to review the who, what, when and how much of Social Security spousal benefits, and the different rules — and benefit amounts — for spouses versus survivors.

By Mary Beth Franklin
Merit acquires $830 million Wisconsin team
RETIREMENT PLANNING AUG 25, 2022
Merit acquires $830 million Wisconsin team

Mersberger Financial Group will form the base of Merit’s new retirement plan business.

By InvestmentNews
Texas publishes fund blacklist for state pensions
RETIREMENT PLANNING AUG 24, 2022
Texas publishes fund blacklist for state pensions

BlackRock, UBS and Schroders are among the financial firms called out by the state comptroller for their 'boycott' of fossil-fuel companies.

By Emile Hallez
Plan sponsors are encouraging adviser competition: Fidelity
RETIREMENT PLANNING AUG 23, 2022
Plan sponsors are encouraging adviser competition: Fidelity

A new survey shows 47% of plan sponsors are considering changing advisers and 48% are thinking about switching record keepers.

By Gregg Greenberg
John Hancock settles with NY state after long-term care insurance probe
RETIREMENT PLANNING AUG 22, 2022
John Hancock settles with NY state after long-term care insurance probe

The insurer will pay almost $21.6 million to consumers and their beneficiaries, along with $2.2 million to the New York State Medicaid program and a $2.5 million penalty to New York state.

By Gregg Greenberg
Vanguard Charitable sees strong run of donations despite first-half sell-off
RETIREMENT PLANNING AUG 19, 2022
Vanguard Charitable sees strong run of donations despite first-half sell-off

The nonprofit organization announced that grants increased 14% during the first half of 2022, totaling a record $952 million.

By Gregg Greenberg
Lincoln Financial launches QDIA with Stadion
RETIREMENT PLANNING AUG 19, 2022
Lincoln Financial launches QDIA with Stadion

The QDIA combines a target-date fund for younger individuals and Stadion’s StoryLine managed account service for participants aged 50 and older.

By InvestmentNews
Trilogy Financial acquires two firms, $160 million in AUM
RETIREMENT PLANNING AUG 19, 2022
Trilogy Financial acquires two firms, $160 million in AUM

The addition of E. F. Heagan & Associates and Mandichak Investment Retirement & Estate Planning brings more than 500 new clients.

By InvestmentNews
Will diamonds become a retiree's best friend?
RETIREMENT PLANNING AUG 18, 2022
Will diamonds become a retiree's best friend?

The Diamond Standard Fund is trying to provide a standardized way to trade diamonds and is working with wealth managers, high-net-worth investors, family offices, IRA platforms and institutional investors.

By Gregg Greenberg
Charitable giving bouncing back with market, says BNY Mellon Wealth Management
RETIREMENT PLANNING AUG 17, 2022
Charitable giving bouncing back with market, says BNY Mellon Wealth Management

The number and total dollar amount of charitable gifts increased 10% last year, and the average gift size also spiked.

By Gregg Greenberg
Anxiety over economy not stopping IRA growth: Fidelity
RETIREMENT PLANNING AUG 17, 2022
Anxiety over economy not stopping IRA growth: Fidelity

The number of IRAs on Fidelity’s platform increased in Q2 and the percentage of employees with 401(k) loans remained low for the fifth consecutive quarter.

By Gregg Greenberg