Retirement

The worst thing investors can do is panic and sell.

These companies are making new hires and promotions in the brokerage, technology and healthcare industries.

Benefits professionals from Newell Brands, Blink Fitness and more say they automatically enroll new employees in a 401(k) program during the onboarding process — and it’s paying off.

To qualify for this feature, clients should have reported a minimum amount for at least 11 years.

About 45 million borrowers owed more than $1.56 trillion in student loan debt at the end of 2018.

These companies are making new hires and promotions in the brokerage, technology and healthcare industries.

For many workers, moving assets from old 401(k)s into a traditional IRA may not be a smart move. One reason: IRAs often don’t offer stable value or guaranteed fund investment options as do most 401(k)s.

Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.

About 45 million borrowers owed more than $1.56 trillion in student loan debt at the end of 2018.

Taking a closer look at the inner workings of ARO programs can shine a light on features that require attention, particularly in light of the recent DOL guidance on auto-portability.

State plans will encourage more retirement saving by workers who could later roll over assets to private plans, a CalSavers official says.

Expect clients to take steps, such as maximizing automatic services, that will encourage positive behaviors to help individuals reach their financial goals.

CalSavers program argues that state plans will encourage more workers to save for retirement.

If the client makes a mistake, they are advised to take the RMD as soon as they discover it so they can ask the IRS for a waiver of the penalty.

Those who signed up in the past year will get a smaller pension than they would under the old system, but they can expect additional benefits from the tax-advantaged Thrift Savings Plan.

The sandwich generation is struggling to save for its own needs, and when you add in family demands, it paints a "grim picture," an expert says.

Retirement plans may decline to offer delayed RMDs, plan loans, stretch and hardship distributions and a host of other legally sanctioned tax maneuvers.

Expect employers to take steps, such as maximizing automatic services, that will encourage positive behaviors to help individuals reach their financial goals.

Although the test is complicated and misunderstood, eliminating it could “do more harm than good,” according to an expert.

The cap on state and local tax deduction under the tax law may prompt more employees to direct their retirement savings to their 401(k)s than to build home equity.