Wealth management

Grandchildren won't be able to have their own accounts until they are earning their own income, but they can be named beneficiaries.

The financial institution agreed to sell a retirement plan services unit to Principal Financial Group as the bank streamlines operations in the wake of scandals.

Seven in 10 respondents in a new survey who work with an adviser have a retirement savings goal.

The company, which has more than 700,000 accounts, now allows employees to view their election amounts and total account, investment and cash balances, among other updates.

“It’s an extension of their brand,” Financial Finesse CEO Liz Davidson says.

Definite steps are needed to improve worker prospects: Employees should save more. Clients should offer auto-enrollment. And Congress should make it all easier.

Definite steps are needed to improve worker prospects: Employees should save more. Employers should offer auto-enrollment. And Congress should make it all easier.

Backers say the Secure Act could help the “black hole” of retirement savings — the 50 million Americans without an employer savings plan.

The legislation gives tax credits to small employers automatically enrolling workers and makes it easier for companies to partner to offer joint plans.

Some clients assume this generation doesn’t invest in benefits like 401(k)s, but the reality is much more complicated.

“It’s an extension of their brand,” Financial Finesse CEO Liz Davidson says.

Some employers assume this generation doesn’t invest in benefits like 401(k)s, but the reality is much more complicated.

The good news is that this new estimate from the Government Accountability Office is slightly better than prior years.

Employer clients should look to employee assistance programs and paid time off to alleviate mounting pressures.

The sandwich generation is feeling the impact of financial stress the most, and looking to employers for help.

Only about 20% of Americans know the amount of contributions they can make to their 401(k) plan, according to a new study from TD Ameritrade.

Employers should look to employee assistance programs and paid time off to alleviate mounting pressures.

The company’s new platform, available to employer clients, comes in response to employee desire for a workplace that offers charitable and volunteer benefits.

The insurer is trying to help workers improve their savings habits. (Spoiler alert: It’s not just about retirement.)

Heavily weighting any single stock has the potential to make a portfolio more volatile.