Retirement withdrawals

The “I-lost-it” excuse may actually work. This revenue procedure provides taxpayers with a new mechanism to facilitate a rollover, even if a technical failure to comply with the 60-day rule has occurred.

The insecurity is leading to numerous opportunities for plan sponsors to engage employees in planning.

Men and women approach retirement planning in opposite ways, and benefit managers need to change the way they advise female staffers.

Employers need to offer a broad range of investment options in their 401(k) plans, including asset classes that may do reasonably well in a low interest rate environment, according to TIAA’s Roger Ferguson.

In light of the DOL’s new rule, some advisers will have to define a new relationship with employers and may ask for additional fees.