How to claim Social Security benefits while living abroad
Retirees living overseas can still claim Social Security benefits, but they must see if their country of residence requires them to have a local bank account.
401(k) fees
Benefits Think 7 ways plan sponsors can monitor 401(k) fees
Using lowest-cost share classes, performing an annual investment fund review and distributing required fee notices are among best practices.
Robert C. Lawton
Lawton Retirement Plan Consultants
3 unexpected retirement costs that can shake up employees’ finances
While clients cannot determine their health care expenses and taxes in retirement, they can improve their prospects by minimizing investment fees and diversifying their portfolios.
Nordstrom hit with fiduciary breach lawsuit
A participant in the company’s 401(k) plan alleges that the retail giant should have negotiated reasonable fees, but didn’t.
Nordstrom hit with fiduciary breach lawsuit
A participant in the company’s 401(k) plan alleges that the retail giant should have negotiated reasonable fees, but didn’t.
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many clients will only be getting 65 cents for every dollar they take out.
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many people will only be getting 65 cents for every dollar they take out.
Benefits Think Begin working on 2018 401(k) plan changes now
When making retirement updates, plan sponsors should consider fees, features and fiduciaries.
Robert C. Lawton
Lawton Retirement Plan Consultants
Benefits Think What’s really draining employee 401(k) accounts
It’s not just fees that are eroding retirement nest eggs. It has more to do with bad employee behaviors.
Cynthia Loh
Betterment for Business
Benefits Think What’s really draining employee 401(k) accounts
It’s not just fees that are eroding retirement nest eggs. It has more to do with bad employee behaviors.
Cynthia Loh
Betterment for Business
401(k) plan participants taking fewer loans, withdrawals from their plans
Most employees are staying the course in their retirement allocations, according to research from the Investment Company Institute.
Benefits Think CITs can provide ‘considerable savings’ for retirement plans
Not subject to SEC disclosures and filings, collective investment trusts are gaining traction as fiduciaries focus on fee reduction.
Shelby George
Manning & Napier
401(k) plan participants taking fewer loans, withdrawals from their plans
Most employees are staying the course in their retirement allocations, according to research from the Investment Company Institute.
Benefits Think CITs can provide ‘considerable savings’ for retirement plans
Not subject to SEC disclosures and filings, collective investment trusts are gaining traction as fiduciaries focus on fee reduction.
Shelby George
Manning & Napier
How workers over 65 should deduct medical expenses
The standard deduction is the best tax strategy for many seniors, but if they had significant health care costs last year, itemizing could save them some money.
How clients over 65 should deduct medical expenses
The standard deduction is the best tax strategy for many seniors, but if they had significant health care costs last year, itemizing could save them some money.
Benefits Think Why fiduciaries should be haggling more over 401(k) plan fees
One of the biggest mistakes that can be made is starting off by simply accepting the service provider’s form service agreements, says benefits lawyer Carol Buckmann.
Carol Buckmann
Cohen & Buckmann PC
Benefits Think Do your fiduciaries negotiate for lower 401(k) plan fees?
One of the biggest mistakes that can be made is starting off by simply accepting the service provider’s form service agreements, says benefits lawyer Carol Buckmann.
Carol Buckmann
Cohen & Buckmann PC
Are non-profits the next target for retirement plan lawsuits?
With the potential for litigation that has plagued plans like NYU’s on the rise, it’s ‘time to clean up’ fiduciary activity in this sector, say industry experts.
Nine in 10 Americans make this 401(k) mistake
92% of 401(k) participants are unaware of the fees they pay in their plans, creating the potential to lose a substantial amount of retirement savings
