Plan participant claims use of expensive proprietary funds cost employees millions in retirement savings.
Government lawsuits accuse one of the nation's largest student loan servicers of taking shortcuts to minimize its costs.
Plaintiff argues company “imprudently and disloyally larded the plan with unnecessary, expensive and poorly performing investment products and services.”
Advisers need to make sure they understand where clients are coming from and how this decision will impact their retirement security.
A significant portion of employers switched to a stable value or government money market fund in response to SEC reforms.
High-income surcharge based on new brackets next year.
In a recent letter, the Labor Department said target date funds using annuities may be a prudent default investment option for employers.
Getting a record keeper to fill out a legal document needed to divide a retirement account could cost more than $1,200.
You can play a large part in helping clients feel better equipped to handle such situations before they happen.
Getting a record keeper to fill out a legal document needed to divide a retirement account could cost more than $1,200
The deals promised tax deductions worth four to four-and-a-half times a person's investment.
The company's founders, who hail from Financial Engines, have grown the new business to $100 million in assets.
It's likely that a replacement health care plan would have some tax impact, leading to new planning opportunities for financial advisers and their clients.
Allegations include receiving travel, prostitutes and drugs for steering business to two broker-dealers.
Severance pay does not count, nor do trailing insurance commissions.
Identify clients who had these types of retirement distributions and then check for these common errors.
It's not clear how President-elect Donald J. Trump's nominee for Treasury secretary, Steven Mnuchin, would approach the Treasury estate-tax rule.
Severance pay does not count, nor do trailing insurance commissions.
Donald Trump can undo the new rules on financial advisers but not the new skepticism of their advice.
Seventy percent of Americans get a refund after filing their income taxes, yet many of us would rather go to the dentist than do the paper work.
