Retirement readiness

Foreign hackers are learning that $5.3 trillion of retirement plan assets are ready for the taking, leaving plan sponsors and participants susceptible to theft.

Fidelity Investments’ annual cost estimate is new motivation for employers to step up efforts in helping employees plan for medical expenses during their post-work years.

Instead of amassing $1 million in savings, clients should consider asking themselves if they are prepared financially for several decades of retirement.

Employees are struggling with financial concerns and employers need to heed their calls for help.

Reasonable costs, healthy account balances and a high percentage of employee participants are attributes of great retirement plans.

Plan sponsors should inquire about their adviser’s compensation, professional credentials and educational background, says retirement expert Robert Lawton.

Prudential plan participants can now use Amazon’s digital voice assistant to keep track of their savings progress.

Employees have a choice of speaking with either a live financial planner or access virtual advice in a forthcoming fiscal health service.

Employees who think they have lost their retirement assets are advised to seek help from the DOL or nonprofit pension counseling centers funded by HHS.

Employees have a choice of speaking with either a live financial planner or access virtual advice in a forthcoming fiscal health service.