Retirement income

Retirees should stick to their strategies and diversify their portfolios with various sources of income.

Employers should make enrollment automatic and easy, reduce eligibility times and consider using gamification to communicate the benefit.

Driven by a strong stock market, a select group of Fortune 1000 companies saw modest growth, finds Willis Towers Watson.

Employees should do a quick assessment of their retirement prospects while still working.

U.S. financial firms plan to expand a secretive project protecting bank accounts against crippling cyber attacks so that it will also guard trillions of dollars in investment funds.

Many employees with access to Roth IRAs or designated Roth accounts in their 401(k), 403(b) or 457 savings plans are not taking advantage of them.

One strategy to enhance financial prospects is to get a part-time job via the gig economy.

Driven by a strong stock market, a select group of Fortune 1000 companies saw modest growth, finds Willis Towers Watson.

Seniors who are 70 1/2 and older should ensure that they take their first required minimum distribution from tax-deferred retirement accounts by Dec. 29.

Many younger workers find it difficult to think beyond their student debt, which averages $32,731 with an average monthly payment of $393, according to the Federal Reserve.

Missing required 401(k) minimum distributions are subject to a penalty equal to half the amount that should have been taken.

Although the current year has been good for participants, many workers are not investing in a retirement plan.

Money worries continue to plague employees but executives struggle to create plans that address workers’ fiscal woes.

Employers are relieved that plans are left unscathed, but insiders are still keeping a sharp eye on the impact of deduction for pass-through entities.

Those who leave the workforce and are sitting on losing investments may do tax-loss harvesting, or they may donate their winning holdings to a charity to avoid the capital gains tax

Money worries continue to plague employees but executives struggle to create plans that address workers’ fiscal woes.

Holding too much cash is one of the common errors that employees make when saving for retirement.

Relying too much on tax-loss harvesting to generate an income is a common mistake that workers should avoid after they retire.

Relying too much on tax-loss harvesting to generate an income is a common mistake that clients should avoid after they retire.

Retirees should take advantage of their flexible schedule, which allows them to go on vacation during off season to save on costs.