Investments

Clients adding investments other than target-date funds to their 401(k) or 403(b) could potentially hurt their bottom line.

These employees will need bigger savings than other age groups to fund a longer retirement horizon, according to a study.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.

Workers, 35 and under, view stock plan benefits differently than older generations, and want greater participation in companies’ growth potential.

Before saving for retirement, young employees are advised to pay down high-interest debts and build an emergency fund, an expert says.

With steep competition for talent, it’s important clients think outside the conventional benefits packages to help their workforce build retirement savings.

With steep competition for talent, it’s important to think outside the conventional benefits packages to help your workforce build retirement savings.

Target-date funds can help risk-averse young workers ease into investing.

Some seniors are missing out on a potential 20% tax deduction, and “no one is talking about what a wonderful retirement planning technique" it is, says an expert.

Seniors in this position may face a tax bill and possibly a penalty if they dip into their 401(k) prematurely, says an expert.

A market correction only becomes a real risk if investors act and make buy or sell decisions to alleviate mental anguish today at the expense of tomorrow, says an expert.

Even if employers’ concerns are exaggerated, fear of fiduciary responsibility keeps them from offering lifetime income products.

Facing a difficult math problem of planning for retirement, advocates are exploring a path to lifetime income without traditional annuities.

Grandparents are advised to give cash gifts without putting their future financial security at risk.

Advisers who once oversaw portfolios for clients anxious to save a dollar now work more frequently with investors saving to see the world.

If spending $5 a day on fancy coffee puts your retirement at risk, you’ve got bigger problems.

As an alternative to placing restrictions on lump sum withdrawals, clients could provide retirees more distribution flexibility.

As an alternative to placing restrictions on lump sum withdrawals, employers could provide retirees more distribution flexibility.

Seniors will face a 20% penalty on top of income taxes if they withdraw funds from a health savings account for non-medical expenses before the age of 65.

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.