Retirement planning

The Disaster Tax Relied and Airport and Airway Extension Act provide both hardship distribution tax relief and more generous participation loan rules for those living in areas hit by recent disasters.

An average 50-year-old woman in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years, according to UBS.

This person in New York should begin socking away 49% of her income to her retirement account in order to live comfortably in her golden years.

Companies can be punished for even unintentional slip-ups, and financial and legal penalties can be crippling.

In one year, Betterment for Business has helped the company increase plan participation by more than 60%.

If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.

Increased engagement coupled with changing needs and an easier path to legal action put the onus on plan sponsors to ensure they can defend their strategy and investment choices.

For employers with more customized design elements in place, retirement advisers may be wise to suggest tailored administrative assistance.

If a family contributes approximately $6,000 per year to an HSA, compounded at 6% growth for 20 years, that's $234,000 at retirement, says expert.

Retirees can change their Part D prescription-drug plans, Advantage plans, and/or switch from traditional Medicare to Medicare Advantage during open enrollment, which ends Dec. 7.

Costs are increasingly transparent and plan sponsors want more for their buck.

The two should have set meetings to discuss outstanding issues, strategy and improvements to the retirement plan, explains defined contribution consultant Rhonda Berg.

Increased engagement coupled with changing needs and an easier path to legal action put the onus on plan sponsors to ensure they can defend their strategy and investment choices.

Costs are increasingly transparent and plan sponsors want more for their buck.

About 28% of seniors polled by Nationwide claimed that their lives worsened after they retired.

Although ROI for fiscal health programs is about 3:1, employers should measure participation to determine its success.

The annual cost-of-living adjustment could increase by as much as 2% due to inflation spurred by recent hurricanes.

Although ROI for fiscal health programs is about 3:1, employers should measure participation to determine its success.

Social Security, pension type, and education are factors that have contributed to the rise in the retirement age since the mid-1980s.

Instead of offsetting current healthcare costs, HSA providers are seeing workers prepare for their post-work medical expenses.