Retirement Planning

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Annuities' sales growth streak reaches 16th quarter, says Limra
RETIREMENT RETIREMENT PLANNING OCT 30, 2024
Annuities' sales growth streak reaches 16th quarter, says Limra

The latest Q3 figures point to a $331B year-to-date sales bonanza, a new record for RILA sales, and a fresh high for fixed index annuities.

401(k) fee disclosures have improved transparency, though clarity still a concern
RETIREMENT RETIREMENT PLANNING OCT 29, 2024
401(k) fee disclosures have improved transparency, though clarity still a concern

New GAO research reveals DOL regulatory changes have led to lower fees, but retirement savers could still be confused.

Debt throws most higher-ed workers financially off-balance, finds TIAA Institute research
RETIREMENT RETIREMENT PLANNING OCT 25, 2024
Debt throws most higher-ed workers financially off-balance, finds TIAA Institute research

Study reveals struggles to meet other financial obligations, build emergency savings, and prepare for retirement.

RetireOne bolsters annuity shelf with Gainbridge partnership
RETIREMENT RETIREMENT PLANNING OCT 25, 2024
RetireOne bolsters annuity shelf with Gainbridge partnership

The independent platform provider of fee-based insurance solutions is giving its RIA consumers access to two new annuity offerings, including one industry-leading product.

At Boeing, pension plan is up in the air, and 401(k) is grounded
RETIREMENT RETIREMENT PLANNING OCT 24, 2024
At Boeing, pension plan is up in the air, and 401(k) is grounded

Union machinists reject an offer from the company that included a 35 percent pay increase and up to a 12 percent annual contribution from the company toward workers' 401(k)s.

Is America headed for a retirement crisis?
RETIREMENT RETIREMENT PLANNING OCT 23, 2024
Is America headed for a retirement crisis?

John Hancock Retirement CEO Wayne Park weighs in on America's retirement readiness.

Survey highlights financial challenges across generations as longevity increases
RETIREMENT RETIREMENT PLANNING OCT 23, 2024
Survey highlights financial challenges across generations as longevity increases

John Hancock study provides sobering snapshot of financial sentiment, with concerns around debt and day-to-day finances holding back retirement readiness.

Trump's tariffs and tax agenda poses risk for Social Security benefits, warns watchdog
RETIREMENT RETIREMENT PLANNING OCT 21, 2024
Trump's tariffs and tax agenda poses risk for Social Security benefits, warns watchdog

An analysis by the Committee for a Responsible Federal Budget suggests the former president's second-term agenda would lead to a 33% cut by 2035.

For half of caregivers, responsibilities hamper journey to retirement security
RETIREMENT RETIREMENT PLANNING OCT 18, 2024
For half of caregivers, responsibilities hamper journey to retirement security

Research by Voya sheds light on broad financial impacts from emergency savings to healthcare costs and retirement savings.

Annuity confusion crimps customer satisfaction, finds JD Power
RETIREMENT RETIREMENT PLANNING OCT 17, 2024
Annuity confusion crimps customer satisfaction, finds JD Power

Survey finds three-fifths of annuity holders wrestling with financial health concerns, while many lack full understanding of the protected income products.

A quarter of advisors don't have their own estate plans
RETIREMENT RETIREMENT PLANNING OCT 17, 2024
A quarter of advisors don't have their own estate plans

Yet vast majority are staunch advocates for estate planning.

Why the US lags globally in retirement security
RETIREMENT RETIREMENT PLANNING OCT 16, 2024
Why the US lags globally in retirement security

It's not just about the shift from pensions to 401(k)s, as highly rated countries offer higher contribution limits and more flexibility to workers.

T. Rowe Price rolls out new managed lifetime income solution
RETIREMENT RETIREMENT PLANNING OCT 15, 2024
T. Rowe Price rolls out new managed lifetime income solution

The new retirement savings product, launched in partnership with Pacific Life, offers a fresh option for defined contribution plan participants.

Could auto-IRAs help households handle emergency expenses?
RETIREMENT RETIREMENT PLANNING OCT 11, 2024
Could auto-IRAs help households handle emergency expenses?

New research suggests low- and moderate-income households facing sudden financial setbacks aren't maximizing their access to those savings.

Millions of Americans avoided paying taxes on early retirement distributions
RETIREMENT RETIREMENT PLANNING OCT 11, 2024
Millions of Americans avoided paying taxes on early retirement distributions

Report finds taxpayers avoided filing for exemptions on or reporting $12.9B in early withdrawals from tax-favored accounts, with severe oversights among HNWIs.

Milton adds to climate-change worries for retirees
RETIREMENT RETIREMENT PLANNING OCT 10, 2024
Milton adds to climate-change worries for retirees

The hurricane is the latest severe-weather event in a retirement destination, underscoring the concerns about climate change that clients bring up, financial planners say.

Social Security COLA flattens to 2.5 percent in 2025
RETIREMENT RETIREMENT PLANNING OCT 10, 2024
Social Security COLA flattens to 2.5 percent in 2025

The benefit boost announced for next year aligns with historical averages but could still leave inflation-shocked retirees wanting.

Borrowing from 401(k) loans is actually okay, study finds
RETIREMENT RETIREMENT PLANNING OCT 10, 2024
Borrowing from 401(k) loans is actually okay, study finds

Saving behavior tends to follow a steady path over time, says co-author of study

Corebridge breaks into the RILA space
RETIREMENT RETIREMENT PLANNING OCT 09, 2024
Corebridge breaks into the RILA space

The insurance giant says its latest offering puts it a step ahead against other top-three annuity providers.

Could private-market access boost retirement plan contributions?
RETIREMENT RETIREMENT PLANNING OCT 09, 2024
Could private-market access boost retirement plan contributions?

Survey shows just over one-third of workplace plan participants willing to put part of their portfolios in private equity or private debt.