Retirement planning

Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.

The Washington bank chain increased its retirement contribution to 8% following the tax reform bill.

About half of mid-sized and large companies plan to expand personal financial planning and increase retirement funds, according to a new Willis Towers Watson report.

Employees should consider that state laws may differ on who may be legally recognized as a beneficiary's spouse and thus whether their partner would be entitled to spousal benefits.

Build an education program, perform an objective review of investments and benchmark features are a few of the activities advisers should encourage now.

While the funds are ideal for certain people, they don't address important retirement considerations, such as the cost of funding a comfortable living and a person’s savings rate.

There have been some modest attempts in the past few years to shore up and fill in gaps in this country's haphazard system of retirement savings.

Younger employees could be too confident in the abilities of automated retirement investment tools, study finds.

Engaged savers, specifically those who are near the end of work, deserve an appropriate spectrum of risk options.

With many private and public pensions in the red, employees are advised to look for options that will improve their prospects, such Roth IRAs.

Collective Investment Trusts can have cost-saving advantages, are increasingly accessible and provide a long-term investment perspective.

Tax reform and current market conditions will likely contribute to a higher use of deferred annuities and guaranteed income benefits, experts predict.

Younger employees could be too confident in the abilities of automated retirement investment tools, study finds.

The automotive retailer is the latest employer to enhance employee offerings as a result of tax reform.

The Washington bank chain increased its retirement contribution to 8% following the tax reform bill.

IRA investors can draw funds from their accounts tax-free if the money will be used to fund college tuition and other related costs.

The automotive retailer is the latest employer to enhance employee offerings as a result of tax reform.

Employers and advisers must pay close attention to the details of, and thoroughly document, the process it follows in selecting or changing a TPA.

DB plans have become a major focus for executives looking to reign in costs.

Financial Finesse and the Global Retirement Partners Advisor Alliance are two years into a program that now reaches more than 500 employers, including New York’s finest.