Private assets in defined contribution plans could top $1T by 2030
A Deloitte analysis shows that alternative allocations — to private equity, private credit and other vehicles — in DC plans could grow quickly.
Investment strategies
3 issues shaping the future of retirement planning: Morningstar
The focus of retirement planning is shifting, according to Morningstar experts, moving away from simple saving toward bespoke decumulation strategies and guaranteed lifetime income solutions.
Fidelity’s client-cash plans draw industry ire
Starting next year, all of its existing RIA non-retirement clients' cash balances will be moved from higher-yield money market funds to FCASH — a lower-yield cash management product.
‘FIRE’ ETFs catering to retire-early strivers make their debut
Two new ETFs, the FIRE Funds Wealth Builder ETF (FIRS) and FIRE Funds Income Target ETF (FIRI), cater to the growing FIRE movement.
Goldman study emphasizes the power of a retirement plan
The Goldman Sachs 2024 Retirement Survey & Insights Report found that while competing priorities affected workers' ability to save, having a plan in place helped clarify goals and the grit required to meet them.
Benefits Think Turning allocations toward income: How default options can boost retirement savings
The case for better aligning default options with income needs is undeniable. But how can we best implement these choices?
Tim Walsh
TIAA
Retirement planning tips in the time of coronavirus
Clients are advised to keep some of their savings in cash and focus on their long-term prospects.
Will your clients be forced to claim Social Security early?
Many pre-retirees leave the workforce sooner than anticipated as a result of various factors, such as job loss and illness.
When retirement expectations meet reality
Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.
Benefits Think Using stock plan automation to prepare for 2020
Administrators can improve their year-end process to wrap up outstanding dispositions and plan for tax season.
Craig Rubino
Morgan Stanley at Work
Will Schwab-TD Ameritrade deal crush wealthtech innovation?
“There definitely will be people who don’t win in this,” says Altruist founder Jason Wenk.
By
Ann Marsh
Benefits Think How to maximize employee participation in HSA plans
Help your employees take full advantage of the investment savings and healthcare spending benefits of HSAs.
Brian Cosgray
Businessolver
Young employees want stock plan benefits
Workers, 35 and under, view stock plan benefits differently than older generations, and want greater participation in companies’ growth potential.
A daily latte won’t ruin your retirement
If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems.
Nearly two-thirds of Americans are confused about this simple way to save for retirement
Not having a full understanding could hurt workers’ retirement prospects by causing them to possibly miss out on their employer’s match or not reducing their taxable income as much as possible.
Retirement benefits for millions may be slashed without pension agency reforms, warns GAO
The Pension Benefit Guaranty Corp. is facing a $54 billion deficit for insuring multiemployer plans in unionized industries, says the GAO report.
Make the most of the new military retirement plan
Those who signed up in the past year will get a smaller pension than they would under the old system, but they can expect additional benefits from the tax-advantaged Thrift Savings Plan.
Social Security’s earnings test is too complicated — and it discourages work
Although the test is complicated and misunderstood, eliminating it could “do more harm than good,” according to an expert.
Can an annuity help sidestep Social Security taxes?
Although earnings in a deferred annuity will not be included in an investor's adjusted gross income, future withdrawals from the annuity could trigger a bigger tax bill.
How to dodge a market dip that threatens retirement
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.
