Retirement income

Plan sponsors are modernizing traditional auto-services to boost the financial health of varying employee populations.

Lawmakers are looking to pass the Retirement Enhancement and Savings Act of 2018, which will allow workers to save more while encouraging employers to offer more retirement savings options.

Cost of living is a key consideration, but a retiree’s goals and objectives are also important.

While proceeds from life insurance are not subject to income tax, there are other taxes that will apply. But there are steps to take to avoid those liabilities too.

These property tax deferral programs are available to older homeowners who want to postpone real estate taxes provided they remain living in their home.

Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.

Most people, particularly younger clients, worry that they will not be able to get their Social Security benefits by the time they retire.

Plan sponsors are worried their employees will outlive their post-work savings and not be able to pay for healthcare expenses, TIAA research finds.

Plan design features like automatic enrollment and automatic increases are having a positive impact. Such steps are designed to increase participation even from people who may be suffering from inertia, says a researcher.

Millennials and other younger clients would see their Social Security benefits decrease 21% once the program runs out of funds by 2034.