Retirement

Retirement looks bleak for many Americans and the Trump administration does not seem to be part of the solution, according to this opinion article.

Workers want more diversified options for how to spend money traditionally accumulated in workplace retirement accounts, a study by financial services group Alexander Forbes finds.

They can direct the payments to fund life insurance that they can use for estate taxes, charitable gifts and leave as a legacy for their loved ones.

Less volatility, lower litigation risk and greater simplicity are reasons for embracing this strategy, says adviser Robert Lawton.

Eli Broverman, who will remain on company’s board, says he plans to focus on other startups.

These inquiries are guideposts for how employers can begin an evaluation process of target date fund offerings.

Retirement looks bleak for many Americans and the Trump administration does not seem to be part of the solution, according to this opinion article.

Employers need to help fix flawed plans by helping participants routinely consolidate their savings.

Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.

Employees have some simple but significant false ideas about their retirement plans. And employers need to do a better job addressing them during education sessions.