Buyout or pension? The heavyweight bout of retirement decisions
Buyout amounts are high right now, but there are many other factors to consider when guiding employees to the right choice.
Retirement income
401(k) loan benefits are stressing employees out
Borrowing against a retirement plan can be a double-edged sword.
10 jobs with the best retirement benefits
These employers offer plans that pay as much as $6.52 per hour in contributions.
Common mistakes clients must avoid during Medicare open enrollment
When searching for the right plan, it is important that retirees assume their health will one day change.
Clients are too conservative with their retirement accounts
Retirees often only take distributions when they are forced to do so because of the IRS’ RMD rules, an expert says.
10 worst states for retirement
Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years in 2019, due in part to affordability, health-related factors and overall quality of life.
10 best states for retirement
Virginia and Colorado are among the most-appealing locations for employees to spend their later years, due in part to affordability and overall quality of life, a new survey found.
Multiyear tax planning may help stretch retirement savings
Clients should think of the years as empty buckets and keep the amount of income into each bucket level per year.
Clients don’t need high-paying jobs to become millionaires
To build their wealth, retirement savers are advised to take advantage of tax-advantaged plans including 401(k)s and IRAs.
Ways to help workers recover from a preretirement crisis
Employees who experience a financial setback when they are preparing to retire are advised to stick to the budget and cut spending.
NYC mayor proposes retirement plan for workers without 401(k)s
The program would be voluntary for anyone working at least 20 hours a week and automatically withhold at least 3% of a paycheck.
Benefits Think IRS regulation aims to undo the ‘one bad apple’ rule
A proposed rule hopes to remove barriers and encourage the creation of multiple employer retirement plans.
Stephen Bowers
White and Williams
Retiring early with kids may be harder than employees think
Chances are high that one or both parents who have left the workforce ahead of their full retirement age are still working out of necessity.
Benefits Think Cash-out leakage is still too high — and auto portability can help
Despite auto portability’s proven ability to cut 401(k) withdraws, a solution addressing leakage and the lack of seamless plan-to-plan asset mobility is missing.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
Benefits Think Cash-out leakage is still too high — and auto portability can help
Despite auto portability’s proven ability to cut 401(k) withdraws, a solution addressing leakage and the lack of seamless plan-to-plan asset mobility is missing.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
How employees can negotiate a ‘phased retirement’
Seniors who negotiate for such an arrangement should consider their finances, flexibility and mutual benefits.
How much do employees need to retire?
Workers need to have saved a certain amount at a certain age to stay on track for securing their retirement.
Working longer may not be the solution to the retirement crisis
Age discrimination, unpredictable life shocks and involuntary retirement casts serious doubt on the “work longer” thesis.
Employees about to retire don’t have enough money in their 401(k)s
To make the most of their savings, workers should start funding their accounts as early as possible.
Married women experience higher retirement risk
“The big issue here is being able to maintain your standard of living,” an expert says.
