Retirement

Though people who belong to both parties express optimism about their financial futures, the vast majority don’t think they have planned well for their end of work lives.

The “I-lost-it” excuse may actually work. This revenue procedure provides taxpayers with a new mechanism to facilitate a rollover, even if a technical failure to comply with the 60-day rule has occurred.

Preferred stocks are good candidates for retirees' investment portfolio as they provide regular income that is greater than the interest payments from a corporate bond.

Midwest city has its credit outlook raised because of the city’s work to shore up its retirement system and avert insolvency for the pensions that don’t have enough money to pay the benefits promised.

The documents are far too general and often confusing, says Unified Trust Company’s Lee Topley.

Preferred stocks are good candidates for retirees' investment portfolio as they provide regular income that is greater than the interest payments from a corporate bond.

"We see a narrowing of players," says Alois Pirker, research director for Aite Group's Wealth Management practice.

Unison Advisors' Nir Kaissar explores why these plans — 'an indispensable tool for insuring that workers have a comfortable experience in their twilight years' — are failing.

Except for mortgages, student loans constitute the largest component of household debt for U.S. employees, and location can play a part in higher education costs. Employers might take note when offering benefits to help workers pay down their loans.

Investors are better off having target-date funds than balanced funds as TDFs provide broader diversification and focus on minimizing risk.