Retirement income

A recent report from Democrats on the Joint Economic Committee says that Social Security is being threatened, and the federal government should consider modernizing and enhancing the program.

Inflated client expectations mingled with fears of congressional cutbacks are making retirement planning even more complex.

Engaged savers, specifically those who are near the end of work, deserve an appropriate spectrum of risk options.

The differences generally come down to investor eligibility and when taxes are paid, but that can have a significant impact.

Forget student loan debt assistance and day-to-day budgeting help. Workers most want employers to help them plan out how to manage healthcare and long-term care expenses during their post-work years.

Many employees expect to collect more than they actually will, which can prompt them to retire and file for benefits early and, in turn, reduce their actual payouts.

People are expected to have a longer life span, and this could pose a challenge in that it will require bigger nest eggs for retirement.

Fidelity Investments’ annual cost estimate is new motivation for employers to step up efforts in helping employees plan for medical expenses during their post-work years.

Instead of amassing $1 million in savings, clients should consider asking themselves if they are prepared financially for several decades of retirement.

Employers including Amazon, Target and Wells Fargo have some of the best and most lucrative retirement benefits, according to Glassdoor research.

Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.

Regulatory changes and tax savings opportunities make these retirement vehicles particularly well-suited to small companies like law firms and medical practices.

A Roth IRA is an excellent savings vehicle for older people as it is for younger clients.

Reasonable costs, healthy account balances and a high percentage of employee participants are attributes of great retirement plans.

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

Prudential plan participants can now use Amazon’s digital voice assistant to keep track of their savings progress.

Advisers and plan sponsors should include this important tool in their analytical toolbox.

Employees have to change their retirement goals and strategies over the years, starting off heavily in stock allocation while in their 30s.

Employees have a choice of speaking with either a live financial planner or access virtual advice in a forthcoming fiscal health service.

An officers’ association had many challenges — the first one was getting retirees to stop losing tax-exempt money.