Retirement benefits

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

With high medical prices causing many workers to contribute less to their 401(k)s, plan sponsors should encourage employees to consolidate savings in their current-employer plan to help them in their post-work years.

Although traditional IRAs offer upfront tax deductions, clients will have to pay taxes later in life when they likely will be in a higher tax bracket.

More and more Americans are spending their golden years on the job.

Experts warn there may be copycat lawsuits, but say they don’t anticipate any widespread changes that will affect private sector employers.

Employee Benefit News will recognize professionals who have demonstrated excellence in the employee benefits/human resources field.

Those leaving the workforce who want to maximize their nest egg should take advantage of the Rule 72(t) distributions.

Changes in interest rates, healthcare costs and investment returns have spurred the company to make the move beginning in 2028.

While retirees can start taking 401(k) withdrawals without penalties when they turn 59 1/2, they may want to consider drawing from their taxable accounts for their living expenses.

While there are 567 ways to claim benefits, clients are advised to pick a strategy that will maximize a spouse's benefit on their record.