Displaying 92 results
T. Rowe Price introduces plan tool for retirement income
The goal is to help plan sponsors assess the possibilities more strategically
Social Security announces partial reopening of field offices
The agency has unveiled a new 'express interview' process to help people apply for original or replacement Social Security cards and submit necessary proof of identity in person. But it encourages the public to continue to submit applications online.
Fewer retirees are claiming Social Security at 62
But unemployment resulting from Covid could temporarily reverse that positive trend.
Soaring inflation likely to boost 2022 Social Security COLA
A senior advocacy group predicts benefits will rise 4.7% next year, based on the 0.8% increase in the April consumer price index.
Pershing expands fee-based annuity offerings for RIAs
The number of carriers on its RIA custodial platform increased to 20 from seven and the number of fee-based products rose to 70.
Retirement confidence resilient despite pandemic
The annual EBRI survey underscores workers' and retirees' optimism about the outlook for Social Security and Medicare.
Many affluent retirees reluctant to draw down savings
Some leading retirement experts are questioning whether advisers should rethink their assumptions about retirement spending when creating financial plans.
INmail: Delaying Social Security protects the younger spouse
To maximize benefits over the couple’s joint lifetimes, claiming her Social Security benefits early will likely result in the largest payout.
Third of near-retirees fail basic Social Security quiz
The level of knowledge is improving but the public still needs guidance on decisions about claiming benefits.
In-plan income is key to retirement security
Not having a retirement income solution within a DC plan is like having the pilots on a commercial flight parachute off midflight, forcing passengers to land the plane.
Demographics, Covid speed looming retirement crisis
A report from the Alliance for Lifetime Income calls for new retirement income model that includes annuities.
Bipartisan group proposes savings plan for low-income workers
The program would be modeled after the government’s Thrift Savings Plan for federal employees.
82% of Americans say Covid affected their retirement plans
A Fidelity study underscores the importance of financial planning, but reveals that the term means different things to people of different ages.
Just 26% of near-retirees have saved enough
Schroders survey shows that more Americans worry about the Netflix lineup than finances or investments.
One in six people now aim to retire before 55
Of the roughly 70 million U.S. households with primary breadwinners younger than 55, 11.5 million are planning to retire by that age, according to a report from Hearts & Wallets.
How Covid-19 changed retirement planning
When to claim Social Security is the top question for new retirees.
When retirement money is tied up in a business, closing hurts
Small-business owners across industries who are nearing retirement have said they are worried about their financial security.
Jackson National top seller of annuities in 2020
The insurer also led in variable annuity sales last year, while New York Life sold the most fixed annuities.
New York Life to pay $10.9 million for annuity replacement violations
New York state says the insurer failed to adequately inform consumers about the differences between products.
Wealthier clients saving in 401(k)s may fall into tax trap
Too much money in tax-deferred retirement accounts could undermine clients' financial plans if taxes rise in the future to pay for today’s exploding government spending.
