Online notices can show clients how much Social Security benefits will be in 2019
Some people have a hard time getting their one-time pass code to log on to their My Social Security account.
Retirement income
Benefits Think How advisers can help employers attract and retain top talent
Employee benefit advisers can offer key insight into retirement planning from the perspective of employers.
William J. Rossi
Koss Olinger
Clients should ask employers for this powerful 401(k) upgrade
Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.
Social Security is millions of retirees’ main income source. That’s a problem.
The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.
5 year-end strategies to cut tax bills now
The holidays are fast approaching, which means it is time to start doing some year-end tax planning.
How millennials can maximize savings for retirement
Millennials are already behind in savings compared to where their parents stood at similar ages.
New tax bill would remove age limit on IRA contributions
Many of the bill’s provisions are taken from the Retirement Enhancement and Savings Act, which enjoyed some bipartisan support.
Smart financial strategies between retirement and turning 70
This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.
How much should you rely on Social Security benefit estimates?
"Some analysts have argued for years that the SSA’s estimates systematically underestimate future benefits for most people," an expert says.
Social Security benefits going up — but not for everyone
Social Security benefits will increase 2.8% next year, but some retirees will not see a rise in their retirement paycheck because of Medicare's hold-harmless provision.
Tax surprises clients may face in retirement
Retirees could end up paying taxes on the majority of their Social Security benefits when certain conditions are met.
10 key features of a retirement-ready 401(k)
Auto-enrollment, auto-escalation, participant investment advice and Roth 401(k) availability are among the important traits of a plan.
How seniors can avoid these common scams
Scammers can learn quite a bit of information from social media so don’t think that just because they know a couple pieces of information about you and your family that they are legit.
Another challenge in retirement? Student loans
The number of older Americans who are carrying student loan debt into retirement has grown to 2.8 million from 700,000 in 2005.
5 key retiree healthcare trends
Assisted-living expenses increased 7%, according to one study, which is triple the rate of inflation.
Labor Department clears path for automatic 401(k) transfers
The move is the latest effort to reduce the early flow of money out of 401(k)-style plans.
Benefits Think Is your missing participant retirement program a Ford Model T or 2018 BMW?
A 4-step plan of action to improve your strategy for locating missing participants and beneficiaries.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think Is your missing participant retirement program a Ford Model T or 2018 BMW?
A 4-step plan of action to improve your strategy for locating missing participants and beneficiaries.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
‘Golden decade’ is time for clients to get taxes under control
The years between 60 and 70 present a great opportunity for seniors to make moves to protect their retirement savings.
Benefits Think Roth contributions: How to help employees understand the benefits
Employee education is key when it comes to Roth contributions. Here’s what employers and benefit advisers need to know.
Andrew S. Zito
Lamco Advisory Group