Financial planning

Although 401(k) plan participation is increasing, employees are not actively managing their accounts.

If the DOL's proposal to impose new fiduciary responsibilities on advisers in the retirement space becomes rule, many financial professionals fearing legal liability could abandon that market altogether, and cut off services to low- and middle-income investors, according to FINRA chief Richard Ketchum.

Suffocating under large loans and with little savings, the majority Gen Xers admit being bogged down with uncertainty when planning for retirement.

May 29 is 529 Day, a national observance that acknowledges the importance of the college savings tool, but 66% of Americans still don’t understand what 529 plans are.

Trust and education are some of the more favorable characteristics sought in retirement plan providers, as well as key drivers to increasing employee engagement. However, that education is lacking, as most employees have a poor understanding of retirement language.

The recent Supreme Court decision in Tibble v. Edison, though largely favorable to plaintiffs, does contain one silver lining for plan sponsors.

If your retirement plan provider hasn’t yet entered the mobile app market, you could be missing out on an important opportunity to educate your 401(k) plan members.

Employer stock as an investment option in 401(k) accounts is rapidly disappearing – but not yet close to extinction.

To avoid breach of fiduciary duty claims in the future, retirement plan sponsors need to reexamine the investment policy statement for their 401(k) plans to make sure they are doing enough to make sure workers’ retirement funds are invested in the lowest fee and best investments possible.

Although legal experts are unanimously proclaiming that SCOTUS' ruling in Tibble will significantly expand 401(k) plan litigation, one expert shares his doubts.

There’s no surprise retirement readiness is a top concern among small employers, with their employees are most at risk – a conversation that took center stage when President Barack Obama unveiled the “MyRA” initiative for employers last year.

The U.S. Supreme Court issued a decision Monday that could have far-reaching implications for how long a retirement plan participant has to sue an employer for breach of fiduciary duty in a 401(k) plan.

A bipartisan bill recently introduced in the House and Senate would require employer-sponsored retirement plans to provide participants with an estimate of how much lifetime income they could expect from their current savings.

If employees are not well prepared for retirement it should be a major concern for both employees and their employers, experts say.

The state of Nevada Public Employees’ Deferred Compensation Program chose Voya Financial, Inc.’s retirement business to serve as its single service provider.

When people speak about retirement and security, women often get overlooked, but they are one of the most vulnerable segments of society.

The Department of Labor recently announced a proposed set of regulations about retirement plan fiduciary responsibility. Here are the answers to nine frequently asked questions employers have about their fiduciary duties.

As a younger generation of investors begins to grapple with retirement planning, advisors and fund companies should take note of the distinct concerns that those millennials bring with them

While the majority of employers offer a company match on their 401(k) plan, employees are not taking advantage of the benefit, passing up the chance to potentially receive thousands of dollars every year.

Although an important aspect of retirement, Social Security is just the backbone on which defined benefit and defined contribution plans should build upon.