Retirement withdrawals

Saving too much for retirement could force clients to take loans or make withdrawals that would carry taxes and penalties.

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

One guideline to remember is that retirees should continue being invested in stocks, which produce high returns and pay dividends.

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,

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,

Between taxes and penalties on early withdrawals, many clients will only be getting 65 cents for every dollar they take out.

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.

Between taxes and penalties on early withdrawals, many people will only be getting 65 cents for every dollar they take out.

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.

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.

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.

Employees often don’t save enough, and few utilize auto-escalation.

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.

Employees often don’t save enough, and few utilize auto-escalation.

Workers should be especially mindful of market movements during the "fragile decade," the span beginning five years before retirement until five years after retirement.

Clients should be especially mindful of market movements during the "fragile decade," the span beginning five years before retirement until five years after retirement.

It’s not just fees that are eroding retirement nest eggs. It has more to do with bad employee behaviors.

It’s not just fees that are eroding retirement nest eggs. It has more to do with bad employee behaviors.

Plan sponsors should limit loans to hardship criteria, allow just one at a time and refer potential borrowers to an employee assistance program for financial counseling.

Plan sponsors should limit loans to hardship criteria, allow just one at a time and refer potential borrowers to an employee assistance program for financial counseling.