401(k)

Couples may choose a survivorship option when collecting pension benefits, although this could result in a lower monthly payment.

Couples may choose a survivorship option when collecting pension benefits, although this could result in a lower monthly payment.

Workers who withdraw from their 401(k) plan lose about 25% in compounded growth.

Workers who withdraw from their 401(k) plan lose about 25% in compounded growth.

Young advisers can diversify their services through better knowledge of the Medicare landscape and a stronger focus on HSAs.

401(k) participants can create a pension-like source of retirement income by using a portion of their assets to buy a longevity income annuity.

Employers should consider some of the new options available with the retirement plans.

S&P 500 company pension plans' funding levels increased a mere 1% despite the $40 billion in contributions that these firms made to their plans.

Retirees can suspend and resume their Social Security retirement benefits any time after their full retirement age even if they started collecting the benefit before reaching their FRA.

A plan sponsor’s thoughtful choices about plan features may go a long way toward easing the financial burden of retirement saving.