Retirement

Displaying 11729 results
Social Security moves to dial up clawback rates to 100%
RETIREMENT PLANNING MAR 10, 2025
Social Security moves to dial up clawback rates to 100%

The Social Security Administration is going back to fully garnishing monthly benefits to recover overpayments, a move advocates say could cause "unnecessary harm" to some of the most vulnerable Americans.

By Leo Almazora
Gen X is turning 60. Retirement is a worry
RETIREMENT PLANNING MAR 07, 2025
Gen X is turning 60. Retirement is a worry

New data add to piles of surveys showing people don't feel financially prepared for retirement. While retirees often adjust to live within their means, long-term care is a looming problem.

By Emile Hallez
Why a weaker IRS is a headache for taxpayers and a 'feast' for tax cheats
TAX MAR 06, 2025
Why a weaker IRS is a headache for taxpayers and a 'feast' for tax cheats

A reported plan to cut staff at the agency by half and uncertainty over the future of its free tax filing program could have massive consequences, think tank says.

By Leo Almazora
How have auto-IRAs and fintech reshaped retirement saving?
RETIREMENT PLANNING MAR 06, 2025
How have auto-IRAs and fintech reshaped retirement saving?

New research examines how assets in IRAs have shifted over the years, and whether the vehicles are still serving their intended purpose.

By Leo Almazora
Target-date fund assets surge to $3.97 trillion in 2024 as CITs overtake mutual funds
RETIREMENT PLANNING MAR 05, 2025
Target-date fund assets surge to $3.97 trillion in 2024 as CITs overtake mutual funds

Retirement industry research report shows ongoing dominance of Vanguard, with BlackRock coming out strong with its paycheck-for-life offering.

By Leo Almazora
Managed accounts have hit a wall in DC plans, finds survey
RETIREMENT PLANNING MAR 04, 2025
Managed accounts have hit a wall in DC plans, finds survey

Research points to growing need for tailored solutions in pension plans, as well as the shift towards passive in target-date funds.

By Leo Almazora
Social Security Administration cuts are a move toward privatization, Wyden says
RETIREMENT PLANNING MAR 03, 2025
Social Security Administration cuts are a move toward privatization, Wyden says

With big staff cuts coming to an agency already struggling to provide customer service, Social Security claimants should begin preparing, advisors said.

By Emile Hallez
Loneliness, risk-taking makes older Americans prime fraud targets, Finra says
RETIREMENT PLANNING MAR 03, 2025
Loneliness, risk-taking makes older Americans prime fraud targets, Finra says

Survey offers a fresh glimpse into the vulnerabilities that scammers exploit, and how targeted strategies against financial illiteracy and isolation could help.

By Leo Almazora
Structured annuities set record pace with $62.9B sales in 2024
RETIREMENT PLANNING FEB 28, 2025
Structured annuities set record pace with $62.9B sales in 2024

Total annuity sales reached $427 billion, with index and variable annuity product sales also accelerating for the year.

By Leo Almazora
Principal Asset Management names Brant Wong head of retirement solutions
RETIREMENT PLANNING FEB 28, 2025
Principal Asset Management names Brant Wong head of retirement solutions

The veteran with almost 30 years of experience, mostly at JPMorgan Asset Management, will oversee a business managing nearly $320 billion in assets.

By Leo Almazora
Federal downsizing wave continues with 'significant' job cuts at Social Security Administration
RETIREMENT PLANNING FEB 28, 2025
Federal downsizing wave continues with 'significant' job cuts at Social Security Administration

Report of a Thursday memo announcing 30,000 layoffs adds to uncertainty for retirees relying on benefits.

By Leo Almazora
Ranks of 401(k) millionaires surged on workers' savings stamina, Fidelity says
RETIREMENT PLANNING FEB 27, 2025
Ranks of 401(k) millionaires surged on workers' savings stamina, Fidelity says

New data show a 27 percent jump in $1 million-and-up accounts last year, with the average millionaire making contributions for more than two decades.

By Leo Almazora
MassMutual elevates Joe Mallee to head up advisor network
LIFE INSURANCE AND ANNUITIES FEB 27, 2025
MassMutual elevates Joe Mallee to head up advisor network

The insurance and retirement giant is promoting Mallee as another veteran leader, who's had nearly 20 years at the company, prepares to step down.

By Leo Almazora
Prudential names new president of retail and advice business
LIFE INSURANCE AND ANNUITIES FEB 26, 2025
Prudential names new president of retail and advice business

After leading the life insurance giant's brokerage business, the 25-year industry veteran will step up to oversee more than 2,800 financial advisors and fee-based planners.

By Leo Almazora
Merchant and Mesirow beef up tax planning capabilities
RIAS FEB 26, 2025
Merchant and Mesirow beef up tax planning capabilities

Merchant's latest partnership with an established CPA firm and Mesirow's new strategic hire, an alum of Corient, enhance advisors' abilities to support tax planning in their networks.

By Leo Almazora
Retirement plan provider Human Interest unveils industry-leading service pledge
RETIREMENT PLANNING FEB 25, 2025
Retirement plan provider Human Interest unveils industry-leading service pledge

The digital-first 401(k) provider says it is "raising the bar" with timely action on customer inquiries, contributions, and distributions.

By Leo Almazora
Acting IRS chief O'Donnel to step down this week
TAX FEB 25, 2025
Acting IRS chief O'Donnel to step down this week

The decision reported by inside sources extends the string of turbulent headlines coming out of the agency, which has some taxpayers asking urgent questions.

By Leo Almazora
Life is getting longer. But don't plan for most clients to make it to 100
RETIREMENT PLANNING FEB 24, 2025
Life is getting longer. But don't plan for most clients to make it to 100

Longevity is increasingly globally thanks to advances in medicine and technology. There are wild estimates about AI doubling average lifespans in short order, but there are factors that are also working against longevity.

By Emile Hallez
Our insurance AI is nicer than our agents, Allstate says
LIFE INSURANCE AND ANNUITIES FEB 24, 2025
Our insurance AI is nicer than our agents, Allstate says

The insurer claims its bots can be more empathetic than humans.

By Matthew Sellers
Bessent, congressional Republicans kickstarting tax cut talks
TAX FEB 24, 2025
Bessent, congressional Republicans kickstarting tax cut talks

House legislators are set to approve a mammoth budget that requires $2 trillion in spending cuts to clear room for a tax cut package by the end of the year.

By Bloomberg