Retirement planning

Young investors highly value advice but are not receiving enough of it, according to Corporate Insight.

As employers struggle to keep their pensions afloat, they could be overlooking opportunities to save thousands of dollars by fine-tuning the way they account for their liabilities.

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

There is no guarantee that TDFs generate the needed returns, and these funds may have hidden multiple fees, an expert explains.

They can direct the payments to fund life insurance that they can use for estate taxes, charitable gifts and leave as a legacy for their loved ones.

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.

Employers need to help fix flawed plans by helping participants routinely consolidate their savings.

An aging workforce, DIY healthcare and developing technologies will transform the way employers think about benefits.

Programs are becoming more comprehensive, with more companies focusing on fiscal programs while continuing to address physical and emotional wellness.