Retirement

Many workers overlook the importance of diversification, but employers have tools to guide them in a better direction — including financial wellness programs.

Federal employees who retire during the partial government shutdown would have to wait a longer time to take retirement distributions from their savings plans.

Without an efficient, cost-effective way to transfer 401(k) account balances from plan to plan, participants are more likely to strand their accounts — or worse, prematurely cash out their savings.

Clients will be able to contribute more to these accounts in 2019 because of changes in tax law, but choosing a plan is still no easy decision.

Seniors are advised to take measures to prepare for a possible shortfall in retirement income, as there is no guarantee for an immediate fix to the problem.

Expedia CruiseShipCenters partnered with the brokerage to provide medical and retirement benefits to its franchise owners and their employees.

Benefits are meant to replace just 40% of preretirement income, so many retirees should consider creating new income sources, such as running a small business or renting out a property.

Expedia CruiseShipCenters partnered with the brokerage to provide medical and retirement benefits to its franchise owners and their employees.

Employers, time to brush up on — and tell employees about — caps set by the IRS for the coming year.

Working longer and taking on a part-time job are two of the simple strategies for workers to curb the impact of a market correction. But there are other tips to consider as well.