Retirement

Today, people are factoring finances in their decision to become parents — or not. Benefit teams can help ease the minds of employees who want to take on the responsibility of raising children.

Nearly two in three workers are tapping their health savings accounts to pay for healthcare expenses with only a modest 8% saving for the future.

The "Rule of 100" follows the rule-of-thumb of growing more conservative as investors grow older, but it also may be obsolete since it was developed when interest rates were higher.

With rising costs of college tuition and rent, young adults rely on their parents more than ever for financial support. Benefit teams can help cut dependency by providing access to financial planners.

While 75% of rich older Americans are worried about healthcare costs in retirement, very few of them are actually planning on how to cover these expenses.

With rising costs of college tuition and rent, young adults rely on their parents more than ever for financial support. Benefit teams can help cut dependency by providing access to financial planners.

Trying to time the market is a “fool’s game,” but preparing for a possible downturn as retirement approaches can be a smart move.

Those new to Medicare may not realize they need to buy a separate policy to cover prescription drugs. There are some partial exceptions, but even in those cases, coverage can vary.

Employers with “great” retirement plans are significantly more likely to have higher margins and revenue per employee than those with average plans.

Sure, offering the perk will help employers recruit and retain top talent. But there’s even more advantages to consider.

Someone who starts saving from age 20 can sock away 90% less per month than someone who gets a later start at age 50 and still build the the same size of portfolio.

Employers with “great” retirement plans are significantly more likely to have higher margins and revenue per employee than those with average plans.

Employers must hit the throttle by providing employees with personalized retirement readiness scores, deeper metrics.

With low unemployment and companies sitting on large cash reserves, their employees still struggle to pay their bills.

Investors have an average of 25 funds to choose from in their 401(k) plans, but some financial advisors suggest that the best approach is to pick a small number of very broad funds.

Employers must hit the throttle by providing employees with personalized retirement readiness scores, deeper metrics.

Other groups, such as those who used to itemize tax deductions but will now use the high standard deduction, are also advised to check their withholding taxes.