Displaying 7775 results
DOL takes aim at ‘junk fees’
New proposal wants to rework definition of a fiduciary and 'close loopholes.'
HSA fees fall, but their use as investment vehicles remains limited
'Just as we deliver education for 401(k)s, we need to do the same thing in the HSA space … to help plan participants and sponsors understand just how powerful these vehicles can be,' says a financial advisor.
Silver-coin IRA seller settles with CFTC over alleged $68M fraud
Safeguard Metals allegedly steered retirees who cashed out of IRAs toward high-markup silver coins
Record demand for RILAs pushes Q3 annuity sales to new heights
Total annuity sales increased 21% to $270.6 billion through the first nine months of 2023, Limra reports.
Federal auto-IRA would crowd out private-sector plans, critics say
'Why would any business owner maintain a retirement plan if the federal government is going to take over all the costs and responsibility of providing retirement benefits?' says the CEO of a trade group representing plan sponsors.
Focus Financial announces retirement of founder Rudy Adolf
Dan Glaser, the chairman of the company's board, has been appointed interim CEO, effective immediately.
How to unravel complicated 2023 RMD rules
It’s no simple task to determine which clients are subject to required minimum distributions this year, and which aren’t.
BlackRock tries again at target-date ETFs
BlackRock is the only company offering target-date ETFs to investors outside of 401(k)s — but there is a question about whether there is much of a market for that.
Retire when? Expectations and reality diverge in the US
Most people realize they can't retire when they'd like to, and working longer is now a reality.
Altfest advisor tackles frequently asked retirement tax questions
There's often a tax element in retirement planning that can be tricky for advisors, sending them for input from a CPA.
Almost half of Americans not confident in their retirement plans
If only they would get professional advice, things could be so much more positive.
US retirement income system is only slightly above average, report reveals
The Mercer CFA Institute Global Pension Index compares 47 global systems and looks at how AI may change the landscape.
Don’t say ‘fiduciary rule’; DOL terms next attempt a ‘retirement security’ reg
'We are trying to protect retirement savers,' says DOL assistant secretary Lisa Gomez. 'This is a new approach. Stay tuned.'
Retiring at 50 would be nice, but there’s a financial goal that easily beats it
Americans are willing to make sacrifices to achieve their goals.
SoFi matches Robinhood’s 1% IRA match
The company's sprawling range of financial services include retirement accounts, which it is actively pursuing.
Medicare participants get early view of 2024 increase
The rise in the monthly Part B premium for next year is primarily a result of projected increases in health care spending, CMS says.
Millions of women are facing retirement disaster, according to new report
Those closest to retirement are among the least prepared.
Advisors encourage clients to establish emergency savings funds
Fidelity survey says lack of money for a rainy day is a major source of stress. 'We always recommend having an emergency fund, whether [clients] need it or not,' an advisor says.
MetLife latest in string of 401(k) lawsuit settlements
The increase in the number of cases being settled this year follows a spike in litigation that started several years ago.
New Social Security COLA for 2024 may leave some retirees short
Latest increase could mean some clients see a net deficit, advisor warns.
