Retirement planning

Clients should realize that reaching the finish line of their career means the start of a new chapter of life.

Employers are still reluctant to offer insurance-backed products, says Willis Towers Watson consultant Bill Dewalt.

Lawsuits have been filed against eight private universities sponsoring defined contribution code Section 403(b) and 401(a) retirement plans

One way is to open a health savings account as it offers tax-free withdrawals that people can use to cover a portion of their insurance premiums.

Last week, yet another slew of private retirement plan managers became the target of class-action lawsuits. This time it was a bunch of universities: Yale University, NYU, MIT, and other schools have been sued for failing to properly oversee their employees’ retirement plans.

The company’s new retirement program, Spark 401k, aims to boost small business participation and ease challenges those employers face in offering workers DC plans.

One way is to open a health savings account as it offers tax-free withdrawals that people can use to cover a portion of their insurance premiums.

The number of plan sponsors concerned about fiduciary matters jumps 14%, a Fidelity Investments study shows.

Söoryen Technologies offers 401(k) plan, unlimited vacation policy as part of its employee package.

Workers who've prepared may still run out of funds in retirement if they fail to create a budget or underestimate the funds they need.