Social Security: Bright spots and trouble on the horizon
Asset reserves are projected to become depleted in 2035, a year later than previously estimated.
Retirement benefits
Baby boomers in this city are plagued with the most debt
One state has two of the top three cities in terms of boomer debt.
America’s elderly are twice as likely to work now than in 1985
Inadequate retirement savings plans and sky high healthcare costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired.
Helping Generation X stay on target for retirement
Target date funds may be clients’ best bet for helping overlooked Gen X workers get ready for their post-work years.
One reason lawmakers are hesitant to fix Social Security: Millennials
A proposal to increase payroll taxes is facing opposition from some lawmakers who believe millennial workers cannot afford to bear the brunt of higher payroll taxes.
Why retirees shouldn’t use their 401(k)s to pay off debt
Tapping into these plans is one method used to prevent bankruptcy.
Helping Generation X stay on target for retirement
Target date funds may be employers’ best bet for helping overlooked Gen X workers get ready for their post-work years.
Benefits Think Move over, financial wellness. It’s time for financial flexibility
Employers should consider adopting voluntary benefits — such as automated savings programs and employee purchase programs — to help employees better manage expenses.
Elizabeth Halkos
Purchasing Power LLC
2 ways to boost retirement savings
Many workers are unaware they have the option of making catch-up contributions to retirement accounts, missing out on an opportunity to boost savings.
Prudential adds financial, student loan tools for employers
The company is offering new services to help workers better manage their finances and pay down debt.
Congress may gut the ‘stretch IRA’ that wealthy people love
New legislation that aims to give workers greater opportunities to save may put the kibosh on a strategy for passing large individual retirement accounts to heirs.
Are HSAs the answer to millennial retirement savings?
Many younger employees think they can’t save for their post-work years. But Optum Bank CEO Deborah Culhane says they can — and argues health savings accounts may be the best vehicle to do so.
How corporate social responsibility can boost your bottom line
The 401(k) industry doesn’t need another acronym, but advisers would be well advised to give a little TLC.
Are HSAs the answer to millennial retirement savings?
Many younger employees think they can’t save for their post-work years. But Optum Bank CEO Deborah Culhane says they can — and argues health savings accounts may be the best vehicle to do so.
Fidelity rolls out benefits suite tailored to small businesses
The company’s new offering aims to help small and midsize employers more easily add and manage perks to attract and retain talent.
Empower Retirement, CommonBond partner to expand student loan benefits
About 39,000 employers, representing 9 million employees, will be able to access CommonBond’s student loan benefits through the retirement provider.
Has your client’s retirement mindset shifted?
Advisers who once oversaw portfolios for clients anxious to save a dollar now work more frequently with investors saving to see the world.
Benefits Think With Tax Day looming, don’t forget the power of HSAs
It’s the ideal time to reboot the conversation with employees about health savings accounts and the array of tax advantages they offer.
David Vivero
Amino
Boomers in for a bumpy retirement
Seven in 10 respondents in a new survey who work with an adviser have a retirement savings goal.
Small businesses afford major opportunity for advisers
These firms employ nearly half of U.S. workers, and fewer than half of those firms don’t offer a retirement plan.
