Retirement education

Retirement relates to all other parts of the financial pie, and that’s the conversation advisers should be having with clients.

Women tend to stress out more than men when it comes to retirement, but they also report more positive experiences in retirement.

Commentary: When talking about the financial security of all Americans, playing politics is unfortunate. Ideologue mentality prevents meaningful dialogue and instead keeps kicking the can down the road, says The Principal’s Aaron Friedman.

Low-cost lending and credit-establishment services emerge as a new benefit to help employees make better financial decisions.

When the recently proposed fiduciary rules are finalized there will likely continue to be significant differences between how Registered Investment Advisors (RIAs) and brokers interact with their retirement plan clients from a fiduciary standpoint.

Many assume that a wealthy upbringing is essential for an early retirement, but recent studies show those who plan to retire early were no more likely to describe their family growing up as wealthy/affluent, or financially comfortable, than people who planned to stay in the workforce longer.

Fiduciary responsibility requires the careful selection of default retirement investments. Benefit advisers can add value with knowledgeable advice on qualified default investment alternatives, including through the use of selection tools.

Although 401(k) plan participation is increasing, employees are not actively managing their accounts.

Suffocating under large loans and with little savings, the majority Gen Xers admit being bogged down with uncertainty when planning for retirement.

Trust and education are some of the more favorable characteristics sought in retirement plan providers, as well as key drivers to increasing employee engagement. However, that education is lacking, as most employees have a poor understanding of retirement language.

The surge of small 401(k) account balances is the result of a perfect storm — increasing rates of adoption for automatic enrollment combined with the high frequency of job changes observed in today’s mobile workforce.

The recent Supreme Court decision in Tibble v. Edison, though largely favorable to plaintiffs, does contain one silver lining for plan sponsors.

If your retirement plan provider hasn’t yet entered the mobile app market, you could be missing out on an important opportunity to educate your 401(k) plan members.

To avoid breach of fiduciary duty claims in the future, retirement plan sponsors need to reexamine the investment policy statement for their 401(k) plans to make sure they are doing enough to make sure workers’ retirement funds are invested in the lowest fee and best investments possible.

Although legal experts are unanimously proclaiming that SCOTUS' ruling in Tibble will significantly expand 401(k) plan litigation, one expert shares his doubts.

There’s no surprise retirement readiness is a top concern among small employers, with their employees are most at risk – a conversation that took center stage when President Barack Obama unveiled the “MyRA” initiative for employers last year.

The U.S. Supreme Court issued a decision Monday that could have far-reaching implications for how long a retirement plan participant has to sue an employer for breach of fiduciary duty in a 401(k) plan.

A bipartisan bill recently introduced in the House and Senate would require employer-sponsored retirement plans to provide participants with an estimate of how much lifetime income they could expect from their current savings.

If employees are not well prepared for retirement it should be a major concern for both employees and their employers, experts say.

When people speak about retirement and security, women often get overlooked, but they are one of the most vulnerable segments of society.