401(k)

Retirees are vulnerable to financial exploitation as the government has no formal systems for complaints and interventions.

Retirees are vulnerable to financial exploitation as the government has no formal systems for complaints and interventions.

The new retirement system will allow for 401(k)-type savings and provide financial education services to help military personnel make better investing decisions.

Wellness programs are key to helping employees change money behaviors that are negatively impacting their ability to save for retirement.

Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.

A bipartisan bill calls for an increase in full retirement age two months every year between 2022 and 2034 and indexing normal retirement age to life expectancy.

Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.

Among workers age 60 and older, 50% intend to wait to retire, or have no plans to retire at all,

There are many steps advisers should take to help employees identify their financial goals and save accordingly.

Among workers age 60 and older, 50% intend to wait to retire, or have no plans to retire at all,

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.