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Three key factors affect determination of a workers status.
June 11 -
A new report shows that 401(k) accounts have reached record levels with the overall average balance reaching $80,000 at the end of the first quarter. The Fidelity Investments quarterly analysis explains the current record balances represent 75% growth from the first quarter of 2009 when average accounts dropped to $46,200.
June 5 -
The product is evolving to meet market expectations.
June 5 -
Data point to more efficient way of funding retirement benefits.
June 4 -
Post follows shift in retirement planning responsibilities from institutions to individuals.
June 4 -
Target date funds could be a logical entry point.
June 4 -
Advisers must dig into the details to be able to discuss these complicated products with clients.
June 4 -
Bank of America Merrill Lynch reports 207 plans with auto-increase features, up 9.5% from the end of last year. Participants in those plans also rose, by 9.3%, from 115,703 to 126,537.
June 3 -
Just one in-nine employees nearing retirement are confident in their ability to pay health care expenses.
June 3 -
There is a movement afoot to put state governments in the business of offering retirement plans to private citizens, which would ultimately eliminate opportunities and siphon business away from financial professionals. Lawmakers in several states have proposed that states create government-run plans for private sector workers. While the details differ from state to state, every proposal this year would require employers who do not currently offer a plan to adopt a state-run plan, either in
May 31
