-
An early look at the impact from the economic shutdown was not as bad as feared, while industry insiders see opportunities for advisers and sponsors to talk up the value of retirement and emergency savings.June 4
-
The lack of seamless plan-to-plan asset portability prevents participants from easily moving and consolidating their 401(k) savings, leaving them open to the temptation to prematurely cash out their 401(k) accounts from prior employers’ plans.May 20
President and CEORetirement Clearinghouse
-
A retirement expert advises employers on helping workers save for the future during this pandemic.April 23
-
The CARES Act waiver of penalties for premature 401(k) withdrawals may hurt the very American workers and families the Act is supposed to help.April 23
President and CEORetirement Clearinghouse
-
Gauging any possible changes to their health insurance coverage is just one consideration they must address before they retire.April 17
-
For starters, they can use the windfall to pay off debt, shore up their HSAs and build a cash reserve.April 14
-
For one, clients will owe taxes still on the distributions, unless they recontribute the money into the account within three years.April 8
-
Older clients are advised to take extra steps to protect their finances as the current crisis may leave them prone to making poor financial decisions.March 25
-
Clients are advised to minimize spending and tap possible sources of cash and credit, including their tax refund.March 23
-
Clients are advised to keep some of their savings in cash and focus on their long-term prospects.March 17
