Fidelity to hire 4,000 financial planners, tech and service employees
The company has experienced “dramatic increases” in new customers, call and trading volumes.
Medicare B costs for clients projected to rise
“Healthcare prices are increasing at levels that significantly exceed overall inflation,” an expert warns.
Why employees should reconsider early retirement
Unfortunately, physical and cognitive decline are among potential side-effects.
Why retirees shouldn’t use their 401(k)s to pay off debt
Tapping into these plans is one method used to prevent bankruptcy.
2 ways to boost retirement savings
Many workers are unaware they have the option of making catch-up contributions to retirement accounts, missing out on an opportunity to boost savings.
Has your client’s retirement mindset shifted?
Advisers who once oversaw portfolios for clients anxious to save a dollar now work more frequently with investors saving to see the world.
Should clients use a Roth IRA for college expenses?
Grandchildren won't be able to have their own accounts until they are earning their own income, but they can be named beneficiaries.
With HSA changes, here’s how to find the best option for clients
Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.
Time is running out for elderly clients to avoid this IRS penalty
Failing to take the mandatory distribution on time may push retirees to a higher tax bracket.
Is your client really ready to retire?
Seniors should not only have a financial plan in place, but activities to keep them preoccupied.
How your client might lose Social Security benefits
Lower-earning spouses who took time off to raise children or care for an aging parent may not be eligible based on the taxes they paid into the system.
IRA or 401(k)? Where should your employee’s money go first?
Workers should consider contributing enough to their 401(k) plans to get their employer's match before making contributions to an IRA.
What to do when a client loses their retirement savings
Working longer and delaying Social Security are some of the ways they can recover.
Don’t let your clients get spooked by retirement spending
Advise them to review and adjust their budget and consider getting a side hustle, a study suggests.
Should your client downsize their home in retirement?
Moving could eliminate their mortgage, reduce housing expenses and lower cost of living.
One reason not to delay Social Security
Conventional wisdom says to wait as long as possible to claim retirement benefits, but there are exceptions to the rule.