Retirement income

Deciding against auto-enrolling employees in retirement plans is a big miss benefit managers keep making.

“By and large, many simply have not yet saved enough to retire comfortably.”

Over half of account holders neglect to move their funds, resulting in penalties and fees.

This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.

Workers from both generations share similarities — and financial pressures — when planning for retirement, writes an expert.

Virginia and Colorado are among the most-appealing locations for employees to spend their golden years in 2019, due in part to top scores in affordability, health-related factors and overall quality of life.

The gender gap is alive and well when it comes to career timeouts and savings often take the hit.

No other savings vehicle can claim this level of tax advantage.

Buyout amounts are high right now, but there are many other factors to consider when guiding employees to the right choice.

Borrowing against a retirement plan can be a double-edged sword.

These employers offer plans that pay as much as $6.52 per hour in contributions.

When searching for the right plan, it is important that retirees assume their health will one day change.

Retirees often only take distributions when they are forced to do so because of the IRS’ RMD rules, an expert says.

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.

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.

Clients should think of the years as empty buckets and keep the amount of income into each bucket level per year.

To build their wealth, retirement savers are advised to take advantage of tax-advantaged plans including 401(k)s and IRAs.

Employees who experience a financial setback when they are preparing to retire are advised to stick to the budget and cut spending.

The program would be voluntary for anyone working at least 20 hours a week and automatically withhold at least 3% of a paycheck.

A proposed rule hopes to remove barriers and encourage the creation of multiple employer retirement plans.