How much tax should workers withhold from pensions?
Seniors receiving pension payments should ensure that their tax withholding is enough to cover the tax liability on the income and avoid trouble with the IRS.
Retirement readiness
Benefits Think Upgrading individual annuity contract plans to slash rising costs
Academic and non-profit institutions need a new strategy for today’s changing needs.
Chris Schaefer
MV Financial
Benefits Think Employees should contribute at least 20% to their 401(k)
During that first 10 years of our 40-year careers, most of us contribute very little or nothing to our retirement accounts. At that time in our lives, retirement seems pretty far off – but it isn’t.
Robert C. Lawton
Lawton Retirement Plan Consultants
Benefits Think How to speed up financial wellness learning? Simplify it
Starting small, with financial checklists and cash flow worksheets, can have a large impact on plan participants.
Mark Singer
The Financial Literacy Toolbox
States take the lead in urging employees to save for retirement
Ten states and one city have already taken steps to offer government-facilitated retirement programs.
Benefits Think Employees should contribute at least 20% to their 401(k)
During that first 10 years of our 40-year careers, most of us contribute very little or nothing to our retirement accounts. At that time in our lives, retirement seems pretty far off – but it isn’t.
Robert C. Lawton
Lawton Retirement Plan Consultants
Separate finances can be a lot trickier for couples in retirement
One may have lots of disposable income, while the other may have to rely on taxable distributions.
Financial wellness pays off for employers who invest in the benefit
A company that employs 10,000 people can save $500,000 a year by getting employees on a more sound fiscal footing.
Benefits Think 5 steps to an effective financial wellness program
Employing a range of learning methods, moving the participant to action, and measuring the impact of program initiatives can lead to long-term success through easily understandable information.
Mark Singer
The Financial Literacy Toolbox
10 worst states to retire
Kentucky, Louisiana and New Jersey are among some of the least-appealing places for employees to spend their post-work years, thanks to low scores in affordability, health-related factors and overall quality of life.
Benefits Think Hardship withdrawal compliance makes retirement plan administration easy (well, easier, anyway)
Recent IRS guidance and legislative changes show hardship withdrawals is an area where both plan sponsors and participants may still have questions.
Belinda S. Morgan
Foley & Lardner LLP
Wealthy U.S. children count on inheritance to fund their retirement
The rise in student debt, increased life expectancy and the many competing priorities for money that are considered the “new normal” for younger generations have them wondering how they will pay for it all.
7 signs of a successful 401(k)
Reasonable costs, healthy account balances and a high percentage of employee participants are attributes of great retirement plans.
Tomorrow’s lesson plan: Tutoring teachers how to retire
Durham Public Schools institutes Financial Fitness program to boost employees’ financial acumen.
Tomorrow’s lesson plan: Tutoring teachers how to retire
Durham Public Schools institutes Financial Fitness program to boost employees’ financial acumen.
Benefits Think Four reasons to integrate health savings into retirement
HSAs can address future costs, they’re triple tax-free, integrate with existing plans and can boost employee recruitment.
Jonathan Maertz
Bronfman Rothschild
Get your employee’s retirement portfolio in fighting shape
Workers who want to make their retirement portfolio resilient to market volatility should veer away from core stock and bond holdings.
Just how valuable are the tax advantages of retirement accounts?
Historical simulations show that the value of investing in these accounts is getting an average of 1.7% in additional earnings.
You call that 401(k) diversification? Take a closer look
Franklin Templeton’s Drew Carrington sounds off on why plan sponsor reluctance to try something new is problematic for employees.
You call that 401(k) diversification? Take a closer look
Franklin Templeton’s Drew Carrington sounds off on why plan sponsor reluctance to try something new is problematic for employees.
