Retirement benefits

Nearly 48% of younger Americans feel they are not saving enough to secure their lifestyles after leaving the workforce, a report finds.

Even rolls out new product to help employees save money for up to three different purposes at once via direct deposit.

To reduce the risk of retiring early, seniors are advised to take on a part-time job or downsize to reduce expenses.

While there are strategies to help reduce risk, clients should recognize the order of investment returns is crucially important, an expert writes.

The new addition aims to help employees with healthcare expenses now and in retirement.

Investors who plan to retire early are advised to start saving as soon as possible and diversify their earnings with multiple sources of income.

A recent study found American workers would face better retirement prospects if the federal government adopts certain public policy changes.

“The advice I give is to calculate the financial impact for each option,” an expert says.

The annual Rising Stars in Advising list showcases young talent making a difference in the benefits industry.

Research shows that both a match and automatic enrollment have significant positive effects, especially on groups that tend to have lower participation and contribution rates.