Retirement planning

Staying in a plan’s qualified default investment alternative rebalances employee accounts and ensures age-appropriate allocations.

While an increasing number of these employers say retirement plans help them attract and retain talent, the majority says they don’t have the capabilities to set one up.

The regulation enacted in June spurred plan sponsors to update their plan design and investment menus and some are even shopping for new plan advisers.

Employees should consider postponing their retirement, especially if they work for the federal government.

Understanding who oversees key principals helps focus management, says Manning & Napier's Shelby George.

The Internal Revenue Service granted relief to those hit by the storm by making it easier for retirement plans to give loans and hardship distributions.

Older employees should consider postponing leaving the workforce, especially if they work for the federal government.

Retirees are likely to have fewer choices when they start shopping around for Medicare Advantage plans during the open-enrollment period that begins Oct. 15.

Employees gently prodded on retirement contributions can come out ahead.

Employers need to help their workers understand and prepare for additional medical charges when they stop working.