Retirement planning

Susan Clausen describes the DOL’s ERISA mandate for a retirement plan committee and the challenges such committees face in fulfilling their role.

Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.

Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.

Employees are struggling with financial concerns and employers need to heed their calls for help.

Many retirees kept their financial assets for at least 20 years after retiring, according to a study by the Employee Benefit Research Institute.

Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.

A Roth IRA is an excellent savings vehicle for older people as it is for younger clients.

Reasonable costs, healthy account balances and a high percentage of employee participants are attributes of great retirement plans.

Plan sponsors should inquire about their adviser’s compensation, professional credentials and educational background, says retirement expert Robert Lawton.

Prudential plan participants can now use Amazon’s digital voice assistant to keep track of their savings progress.