Retirement Planning

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New Social Security COLA for 2024 may leave some retirees short
RETIREMENT RETIREMENT PLANNING OCT 12, 2023
New Social Security COLA for 2024 may leave some retirees short

Latest increase could mean some clients see a net deficit, advisor warns.

Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says
RETIREMENT RETIREMENT PLANNING OCT 11, 2023
Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says

Savers are feeling deflated in face of challenges like inflation, monthly bills and paying for unexpected expenses.

Calpers needs a new CIO for $450B fund, but it's no easy job
RETIREMENT RETIREMENT PLANNING OCT 11, 2023
Calpers needs a new CIO for $450B fund, but it's no easy job

Incumbent resigns after 18 months and the search is on for a successor.

PGIM cuts fees on target-date funds
RETIREMENT RETIREMENT PLANNING OCT 10, 2023
PGIM cuts fees on target-date funds

The TDF series will be renamed PGIM Target Date Funds, and some underlying investments will be changed.

UAW wants pensions back. Automakers really don't
RETIREMENT RETIREMENT PLANNING OCT 10, 2023
UAW wants pensions back. Automakers really don't

Most companies don't offer pensions, and many that once did are transferring the liabilities to insurance companies.

GE's 401(k) lawsuit settlement has $61M price tag
RETIREMENT RETIREMENT PLANNING OCT 09, 2023
GE's 401(k) lawsuit settlement has $61M price tag

Plaintiffs alleged the company ran afoul of the Employee Retirement Income Security Act by putting its own funds on the plan menu.

Savant boosts advisors' 401(k) management with Pontera partnership
RETIREMENT RIAS OCT 06, 2023
Savant boosts advisors' 401(k) management with Pontera partnership

RIA hails 'significant operation improvements' from fintech platform.

New private fixed-income leaders for SLC Management
RETIREMENT RETIREMENT PLANNING OCT 06, 2023
New private fixed-income leaders for SLC Management

Current leader is to retire from leading the growing PFI team.

Employers racing to offload pensions to insurers
RETIREMENT RETIREMENT PLANNING OCT 04, 2023
Employers racing to offload pensions to insurers

The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.

Target-date funds: Low fee doesn't equal low risk
RETIREMENT OPINION OCT 04, 2023
Target-date funds: Low fee doesn't equal low risk

Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries

Millions of Americans face a retirement income shortfall, Vanguard research warns
RETIREMENT RETIREMENT PLANNING OCT 04, 2023
Millions of Americans face a retirement income shortfall, Vanguard research warns

The gap between need and ability is highlighted in inaugural report.

House bill to double HSA limits slammed as perk for wealthy
RETIREMENT RETIREMENT PLANNING OCT 03, 2023
House bill to double HSA limits slammed as perk for wealthy

Opponents say the legislation would do little to help most people.

Retirement risks in the RIA world and how to manage them
RETIREMENT RETIREMENT PLANNING OCT 02, 2023
Retirement risks in the RIA world and how to manage them

Experts discuss life expectancy and other retirement risks faced by advisors and their clients at a recent RIA LABs webinar.

Annuities are changing the game for advisors
RETIREMENT RIAS SEP 29, 2023
Annuities are changing the game for advisors

Experts discuss the advantages of annuities and a handy tool for advisors at a recent webinar.

More than 1 in 10 Gen Xers nearing retirement still burdened by student debt
RETIREMENT RETIREMENT PLANNING SEP 29, 2023
More than 1 in 10 Gen Xers nearing retirement still burdened by student debt

Research reveals how burden could be impacting savings targets.

Gold IRA Ponzi paid for luxury cars, esports team, CFTC says
RETIREMENT RETIREMENT PLANNING SEP 28, 2023
Gold IRA Ponzi paid for luxury cars, esports team, CFTC says

Regal Assets and its owners pilfered $21 million from clients, the CFTC and California DFPI allege.

$116 billion saved in HSAs, Devenir finds
RETIREMENT RETIREMENT PLANNING SEP 28, 2023
$116 billion saved in HSAs, Devenir finds

Asset and investment growth in health savings accounts was strong during the first half.

Workers fear they may not save the $1M they need for comfortable retirement
RETIREMENT RETIREMENT PLANNING SEP 28, 2023
Workers fear they may not save the $1M they need for comfortable retirement

Bankrate survey finds that most feel they are behind on their retirement savings.

RIAs seeing increase in client anxiety over retirement plans, survey shows
RETIREMENT RETIREMENT PLANNING SEP 27, 2023
RIAs seeing increase in client anxiety over retirement plans, survey shows

Clients are increasingly worried about retirement prospects and the level of financial security they can achieve during their golden years.

New Jersey chooses Vestwell to administer retirement savings program
RETIREMENT RETIREMENT PLANNING SEP 27, 2023
New Jersey chooses Vestwell to administer retirement savings program

Its plan, which will be rolled out in 2024, is the seventh state auto-IRA to partner with the digital record keeper.