Over 50 and a woman? Better get saving for retirement
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.
Retirement withdrawals
Over 50 and a woman? Better get saving for retirement
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.
Employees are saving more for retirement. Are they saving too much?
Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.
Americans are saving more for retirement. Are they saving too much?
Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.
3 retirement rules employees should know by heart
One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.
3 retirement rules clients should know by heart
One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.
Why workers should avoid tapping retirement plans after disasters
The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,
Why clients should avoid tapping retirement plans after disasters
The IRS is relaxing some rules to make pulling money from retirement plans easier after hurricanes Irma and Harvey, but clients should remember the taxes and penalties associated with withdrawals are unchanged,
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many clients will only be getting 65 cents for every dollar they take out.
Benefits Think The exit bonus employers never intended to pay
A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
401(k) money should be a last resort for Harvey victims
Between taxes and penalties on early withdrawals, many people will only be getting 65 cents for every dollar they take out.
Benefits Think The exit bonus employers never intended to pay
A lack of widespread auto-portability in the present U.S. retirement system is causing many plan sponsors to pay plan cash-outs to terminated employees.
Spencer Williams
Portability Services Network and Retirement Clearinghouse
3 mistakes workers make with retirement withdrawals
Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.
3 mistakes people make with retirement withdrawals
Not tapping tax-deferred retirement accounts until the age of 70 1/2 can be a wrong move, as required minimum distributions can be big enough to push retirees to a higher tax bracket.
Benefits Think 401(k) auto-enrollment is great, until it’s not
Employees often don’t save enough, and few utilize auto-escalation.
Mark Singer
The Financial Literacy Toolbox
Could employees live off Social Security alone?
Workers should start shoring up their savings by chipping in as much as they reasonably can to their employer’s retirement plan, especially if it comes with a matching contribution.
Benefits Think 401(k) auto-enrollment is great, until it’s not
Employees often don’t save enough, and few utilize auto-escalation.
Mark Singer
The Financial Literacy Toolbox
Retirement income strategies for next bear market
Workers should be especially mindful of market movements during the "fragile decade," the span beginning five years before retirement until five years after retirement.
Retirement income strategies for next bear market
Clients should be especially mindful of market movements during the "fragile decade," the span beginning five years before retirement until five years after retirement.
Benefits Think What’s really draining employee 401(k) accounts
It’s not just fees that are eroding retirement nest eggs. It has more to do with bad employee behaviors.
Cynthia Loh
Betterment for Business