More savers are rejecting retirement accounts in favor of these investments
Data from retail investors firm Hearts & Wallets show that the number of clients owning taxable brokerage accounts has increased 10% over the past five years.
Investments
Before choosing an annuity, know the tax implications
Annuities can be qualified or non-qualified and are subject to different tax treatments. There are also estate tax consequences as well as tax penalties to consider.
iSolved HCM adds learning management system to its platform
iSolved Learn delivers flexible course design, rewards and certifications, and learning analytics to organizations using iSolved for payroll, HR and benefits.
Solving the healthcare puzzle with a health savings account
Workers with a high-deductible health plan will be better off setting up a health savings account, which offers tax benefits for savings earmarked for future medical expenses.
iSolved HCM adds learning management system to its platform
iSolved Learn delivers flexible course design, rewards and certifications, and learning analytics to organizations using iSolved for payroll, HR and benefits.
Benefits Think The hidden DC plan sponsor priority: enabling auto-portability
Employers should concentrate on adopting measures that enable seamless plan-to-plan savings portability for participants, especially for employee accounts with less than $5,000.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think How to help employees avoid the ‘average participant’ retirement trap
Engaged savers, specifically those who are near the end of work, deserve an appropriate spectrum of risk options.
Shelby George
Manning & Napier
Social Security checks lower than many workers expect
Many employees expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts.
How to protect a retirement plan in a down market
Elderly workers should make sure they have enough fixed-income in their retirement portfolios to spin off cash to cover the gap between income and expenses until the market recovers.
Many Americans go broke in retirement, but others grow their wealth
Many retirees kept their financial assets for at least 20 years after retiring, according to a study by the Employee Benefit Research Institute.
Benefits Think The importance of ‘style’ when selecting an investment manager
Advisers and plan sponsors should include this important tool in their analytical toolbox.
Jess DeGabriele
LHD Retirement
New pass-through tax break for retirement Income
People looking to retire but wanting to keep a part-time gig will benefit from a new law that gives a 20% deduction for “pass-through entities.”
Robo-adviser startups are now going after wealthy clientele
Robo-advisers were built on the promise of offering wealth management expertise to the masses. Now they're turning their attention to a different — and much wealthier — customer.
New Jersey police, firefighters aggravate pensions mess
The massive shortfalls in public pension funds are the single biggest financial challenge for American’s states and cities.
One in five Americans aren’t saving a penny
High living costs and lack of saving opportunities in the workplace are preventing many from building up a nest egg.
9 ways 401(k) investors can profit from an aging bull market
In a bull market's later stages, some types of investments work better than others. Find out which ones they are.
Employees’ Social Security checks might be smaller than expected
Benefit are usually expected to replace about 40% of their pre-retirement income, but that's an average, so many workers will get even less. The question is: how much less?
‘How’s your 401(k) doing?’ is a good question to ask right now
Despite the recent market downturn, workers should remain invested in their employer-sponsored 401(k) plan.
How to fortify retirement plans against a financial shock
A decline in income as a result of the death of a spouse and an increase in medical expenses both pose a serious risk to retirement but can be curbed with proper planning.
More employers are offering Roth 401(k)s
More workers are gaining access to a Roth 401(k), and employees should take advantage of it.
