With most broad market indexes nestled into correction territory, financial advisers are steering clients toward Roth conversions in a tax management move.
The agency 'has serious concerns about the prudence' of exposing plan participants' retirement savings to investments that carry 'significant risks of fraud, theft, and loss.'
Both new and existing retirees face the challenge of generating steady income in the low-interest-rate environment, which calls into question the traditional 60/40 investment strategy.
J.P. Morgan Asset Management says that advisers should plan for 35 years in retirement for clients, rather than the previous 30 years, as average life expectancy continues to increase.
The number of small businesses is growing, in some part due to unhappy workers leaving jobs to set up shop on their own. That has led to more startup 401(k) plans.
The company's benefits equity scorecard can help employers match the benefits they provide to employees' needs.
The lawsuit filed in 2020 questioned the plan's procedures for selecting prudent investments and alleged it failed to properly monitor record-keeping fees.
Incorporating long-term planning to account for higher spending after age 80 can help clients retire with the quality of life they deserve while ensuring they don’t run out of money.
Louisville, Kentucky-based Taylor Advisors specializes in serving financial institutions.
The funds are used less by older workers, but they allocate more of their assets to those funds, EBRI found.
Increased longevity makes it likely that future reforms will mandate a higher retirement age, according to a new report from the American Academy of Actuaries.
Among the provisions of a draft bill are one that would improve fee disclosures in defined-contribution plans and another that would allow annuities as qualified investment default alternatives in plans.
Chicago-based Hub will buy Insureon’s digital insurance agency and its brand, while Bold Penguin will take control of its technology platform.
Adding the retirement services company will help Transamerica expand its pooled retirement plan offerings.
Jack VanDerhei, formerly director of research at EBRI, joins the firm’s new unit.
California prevailed in a legal battle over its auto-IRA program.
EBRI research suggests automatic loan insurance program would reduce savings deficit.
Participants allege the plan allowed Alight Solutions to charge too much for record keeping.
AFS Advisors is a Suwanee, Georgia-based registered investment adviser.
The measure clarifies how the prohibition on 'stretch' IRAs should be applied and provides details on implementing the rise in the RMD age to 72.
