401(k)

For employers, selecting the most appropriate 401(k) plan administrator isn’t always a no-brainer.

Millennials are leading the charge when it comes to increasing their retirement account contributions, according to Fidelity Investments.

Millennials are leading the charge when it comes to increasing their retirement account contributions, according to Fidelity Investments.

Data from retail investors firm Hearts & Wallets show that the number of clients owning taxable brokerage accounts has increased 10% over the past five years.

Some are forced to retire early because of disability, layoff and health issues, while others fear that the program will reduce future benefit payouts as a result of its financial woes.

Selecting the right 401(k) plan administrator is not a ‘no brainer,’ and advisers can add real value by helping clients make the best choice.

Mutual fund costs have fallen to 48 basis points in 2016 from 77 basis points in 2000 for plan participants, according to data from Investment Company Institute.

A study by Merrill Lynch and Age Wave has found that 42% of women are concerned that they will outlive their nest egg when they reach the age of 80.

Whether the husband takes reduced benefits has no impact on the spousal rate, although it could effect potential widow's benefits, according to a Social Security expert.

Clients should determine the benefits they would receive if they file at age 62, at full retirement age, and after their full retirement age.