Retirement benefits

Employers looking to beef up retirement strategies must talk with lawmakers and adopt new strategies to create innovative ways to better prepare workers for post-work years.

Dividend income is taxed lower than interest yields. And for the federal taxes that apply, clients can take steps to minimize those as well.

Plan sponsors and advisers: “It is important to realize that three or four years from now, what is done today will be examined, and it needs to be done with a good standard of care and mitigation of conflicts of interest.”

Many workers are not financially stable and not prepared for retirement, according to the International Foundation of Employee Benefit Plans, resulting in an increase in onsite financial programs.

The new tax law lowers the tax rates for many investors, allowing clients to enhance tax savings on the converted amount.

Plan sponsors and advisers: “It is important to realize that three or four years from now, what is done today will be examined, and it needs to be done with a good standard of care and mitigation of conflicts of interest.”

Seniors need to be mindful of enrollment deadlines with Medicare.

Employee Benefit News’ annual Benny Awards recognize professionals who have demonstrated excellence in the employee benefits/human resources field.

As workers live longer, employers need to help them save for their post-work years.

Congress is considering a proposal that would allow small companies to create a multiple-employer retirement plan to enable their workers to build their nest eggs,

Many are following the example of corporations by instituting defined contribution or hybrid plan options for new hires and by freezing their old plans.

Closer examination of seven key segments helps predict attitudes and preferences for wellness programs.

Instead of making quarterly tax payments, retirees have the option of having the payments withheld from their Social Security and pension benefits.

AT&T, Boeing, Costco, IBM and JPMorgan Chase are among the country’s leading retirement plans based on plan-year-end net assets as of April 9, according to miEdge data.

Employees who intend to leave a legacy to their loved ones should consider using a Roth IRA.

House Ways and Means Chairman Kevin Brady said he plans on releasing an outline of “Tax Reform 2.0” legislation next week to his committee members.

To the ire of some advisors and trade groups, states are getting in the retirement offerings space. Lawsuits are sure to follow.

As American live longer, planning for their post-work years require greater care and urgency.

More small companies would be encouraged to offer retirement savings plans to their employees under a proposed bill.

Plan sponsors should inquire about their adviser’s compensation, professional credentials and educational background, says retirement expert Robert Lawton.