Retirement

The new tax law has extended the grace period for outstanding 401(k) loans made by workers who switch jobs, luring more participants to borrow from their accounts, exposing them to greater risk.

Plan sponsors should limit the number of fund selections, provide more fixed income choices and offer index options.

– Airline pilots, still resentful over pensions yanked away in a wave of industry bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits.

Taxation of retirement plan distributions and Social Security benefits remains unchanged under the new tax law, but retirees are likely to see an increase in after-tax income.

Throughout the process of handling ID theft, many workers worry about the extent of the fraud and its impact on their financial future.

The cake maker is providing hourly employees with a cash reward, a 401(k) contribution and a year’s supply of its products.

The proposed budget includes a provision that would give Medicare recipients the option to contribute to a health savings account, which would offer various tax benefits.

It’s a good time to remind plan sponsors to adhere to long-term investing techniques built upon discipline and best-practices.

Now is the time to consider implementing operational checkups for tax-qualified retirement plans to ensure they're in compliance, says attorney Kathleen Dreyfus Bardunias.

Industry insiders say smaller firms can benefit from deductions while still maintaining workplace retirement plans.