Two House bills target workplace retirement plans
The legislation aims to improve security with increased access to lifetime income and simplify plan procedures for plan sponsors.
Retirement readiness
How to best understand target date fund options
Charles Schwab senior multi-asset class strategist Jake Gilliam sounds off on TDF choices and how plan sponsors can pick the right funds for employees.
Aflac doubles 401(k) match, adds employer-sponsored hospital indemnity plan
The benefits update is part of a $250 million investment initiative in the wake of the new tax reform bill.
How employers can help employees think about retirement income
Plan sponsors should refocus the end-of-work conversation by providing employees education and access to lifetime income products, says TIAA managing director David Ray.
Two House bills target workplace retirement plans
The legislation aims to improve security with increased access to lifetime income and simplify plan procedures for plan sponsors.
Benefits Think How to turn a client’s retirement plan into a millennial magnet
Advisers should help employers to reduce eligibility times and consider using gamification to communicate the benefit.
Andrew S. Zito
Lamco Advisory Group
Aflac doubles 401(k) match, adds employer-sponsored hospital indemnity plan
The benefits update is part of a $250 million investment initiative in the wake of the new tax reform bill.
Retirement savers should ignore market forecasts
Retirees should stick to their strategies and diversify their portfolios with various sources of income.
Benefits Think How to turn your retirement plan into a millennial magnet
Employers should make enrollment automatic and easy, reduce eligibility times and consider using gamification to communicate the benefit.
Andrew S. Zito
Lamco Advisory Group
One thing workers can do now to improve odds of retiring early
Employees should do a quick assessment of their retirement prospects while still working.
Wall Street aims to thwart hacking of 401(k)
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.
Benefits Think Why advisers must talk tax-free retirement strategies with clients
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.
Ali Hashemian
Overtaxed: 6 Powerful Tax Free Investment Strategies
How workers can get the most out of 2018 financial resolutions
One strategy to enhance financial prospects is to get a part-time job via the gig economy.
Views How to help low-income employees become more financially secure
Understanding participant needs means having the courage to directly ask what topics are the most pressing, and then address them.
Jess DeGabriele
LHD Retirement
Millennials can exit workforce by 50 with careful planning
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.
How (and why) employers should encourage active management in 401(k) plans
Plan participants should review a full market cycle, index efficient asset classes and eliminate closet indexers.
Views How to help low-income employees become more financially secure
Understanding participant needs means having the courage to directly ask what topics are the most pressing, and then address them.
Jess DeGabriele
LHD Retirement
Employers tackle low participation rates in financial stability programs
Money worries continue to plague employees but executives struggle to create plans that address workers’ fiscal woes.
Year-end strategies to save money on taxes
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
Employers tackle low participation rates in financial stability programs
Money worries continue to plague employees but executives struggle to create plans that address workers’ fiscal woes.
