Retirement Planning

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Princeton trustees, 403(b) plan participants agree to settle
RETIREMENT RETIREMENT PLANNING APR 16, 2020
Princeton trustees, 403(b) plan participants agree to settle

Charges against the school's retirement plan related to fees echoed similar cases brought against other universities

Advised 401(k) investors tend to stay the course: Morningstar
RETIREMENT RETIREMENT PLANNING APR 16, 2020
Advised 401(k) investors tend to stay the course: Morningstar

During the first quarter volatility, self-directed plan participants were more likely to trade

What’s the future for retirement plan adviser M&A?
RETIREMENT OPINION APR 15, 2020
What’s the future for retirement plan adviser M&A?

Valuations might have peaked in the wake of the COVID-19 pandemic, but deals are still happening

Millennials hit hardest in this economy, report says
RETIREMENT RETIREMENT PLANNING APR 15, 2020
Millennials hit hardest in this economy, report says

More than half of millennials have recently lost their income, and almost no one is planning to buy a house, a report by Hearts & Wallets found

Emergency savings: The next workplace benefit
RETIREMENT RETIREMENT PLANNING APR 15, 2020
Emergency savings: The next workplace benefit

Retirement plan record keepers are lining up to help pilot savings programs that could run alongside 401(k)s

IRI wants retirement plans at forefront of COVID-19 legislation
RETIREMENT RETIREMENT PLANNING APR 14, 2020
IRI wants retirement plans at forefront of COVID-19 legislation

But an investor advocate sees the proposal as a ‘brazen effort’ to use the pandemic to promote the annuity sector

Alight, Abbott Labs sued over account breach
RETIREMENT RETIREMENT PLANNING APR 14, 2020
Alight, Abbott Labs sued over account breach

A plan participant claims the companies violated Erisa by failing to prevent a theft of more than $200,000 from her 401(k) account

As 401(k) assets fall, investors could pay higher fees
RETIREMENT RETIREMENT PLANNING APR 13, 2020
As 401(k) assets fall, investors could pay higher fees

Several factors are moving money out of plans, including provisions in the recently passed CARES Act

New York State fines pension risk transfer insurer $45 million
RETIREMENT RETIREMENT PLANNING APR 13, 2020
New York State fines pension risk transfer insurer $45 million

The regulator says Athene Holding Ltd. sold insurance in the state without a license

Client anxiety about retirement planning escalates
RETIREMENT RETIREMENT PLANNING APR 13, 2020
Client anxiety about retirement planning escalates

Survey shows 93% of advisers say clients have contacted them with concerns about their retirement plans

IRS extends more tax deadlines
RETIREMENT RETIREMENT PLANNING APR 10, 2020
IRS extends more tax deadlines

The additional postponements cover trusts, estates and corporations, as well as individuals

Why 401(k) fees are a mystery
RETIREMENT OPINION APR 09, 2020
Why 401(k) fees are a mystery

Despite fee-disclosure requirements passed a decade ago, it's not easy for participants to figure out how much they're being charged

Near-retirees drain TDFs at a rapid clip
RETIREMENT RETIREMENT PLANNING APR 09, 2020
Near-retirees drain TDFs at a rapid clip

People within 15 years of retirement emptied target-date funds of a net $9.4 billion in March, according to Morningstar

3 suits against JPMorgan Chase’s 401(k) plan are joined
RETIREMENT RETIREMENT PLANNING APR 09, 2020
3 suits against JPMorgan Chase’s 401(k) plan are joined

The suits allege fiduciaries failed to secure lower fees for plan participants

Pandemic prompts some to rethink Social Security claiming strategy
RETIREMENT RETIREMENT PLANNING APR 07, 2020
Pandemic prompts some to rethink Social Security claiming strategy

Concerns about shrinking portfolios, lost jobs may accelerate claims

Current crisis could damage retirement security in long run
RETIREMENT OPINION APR 04, 2020
Current crisis could damage retirement security in long run

Markets and the economy seem to be conspiring to shrink nest eggs

3 Questions: COVID-19’s impact on annuities
RETIREMENT RETIREMENT PLANNING APR 03, 2020
3 Questions: COVID-19’s impact on annuities

Retirement reporter Emile Hallez talks about his cover story on how the pandemic changes the market outlook for annuities

Market plunge chops pension funding by 9%
RETIREMENT RETIREMENT PLANNING APR 02, 2020
Market plunge chops pension funding by 9%

The sell-off in response to the pandemic has hit some industries' pensions plans, such as airlines', harder than others, two reports suggest

401(k) provider facilitates COVID-19 withdrawals and loans
RETIREMENT RETIREMENT PLANNING APR 01, 2020
401(k) provider facilitates COVID-19 withdrawals and loans

Voya Financial will rebate certain fees related to early withdrawals and loans through September

Stimulus package has helpful provisions for retirees
RETIREMENT RETIREMENT PLANNING APR 01, 2020
Stimulus package has helpful provisions for retirees

One-time rebate checks, relaxed rules on required minimum distributions and changes in tax filing deadlines are all pluses