The recession has eaten into people's nest eggs so the government is promoting ways to make it easier to save for retirement.
The Dana-Farber Cancer Institute of Boston and the Massachusetts chapter of the Financial Planning Association are set to ramp up their groundbreaking free financial-planning coaching service for cancer patients this fall.
You've probably heard it over and over again: contribute up to the maximum amount in your 401(k) plan to improve your chances of a comfortable retirement.
LPL Financial is continuing to add to its platform of retirement offerings and products for reps and advisers focused on the 401(k) market.
About 20% of the defined contribution plans administered by The Vanguard Group Inc. had adopted automatic enrollment by the end of last year, up from just 5% three years earlier, according to a recent study by Vanguard.
Retirement account holders at the Principal Financial Group Inc. can now receive weekly text messages outlining their 401(k) balances.
For the first time in a year, more of Fidelity's 11.2 million plan participants have raised, rather than reduced, their contributions.
Low-cost mutual funds make up most of the assets in 401(k) plans, according to a study released yesterday by the Investment Company Institute, a Washington-based industry trade group.
The median asset levels in 401(k) plans dropped at least 15% from yearend 2007 to mid-June 2009, but the affluent and wealthy saw much heftier losses, according to a report released yesterday.
Adults 55 to 64 were most likely to have health care coverage in 2007, according to a study from the Employee Benefits Research Institute.
The Internal Revenue Service recently ruled that an improper transfer of funds from an individual retirement account from which the client was taking 72(t) payments triggered the 10% early-withdrawal penalty.
Depending on the outcome of health care reform, investment opportunities could be found in a variety of related sectors, including pharmaceuticals, biotechnology and even certain insurers.
Slumping home prices and financial incentives may make homeownership all the more tantalizing for young newlyweds, but advisers warn that renting may be the smarter choice.
The financial crisis is helping to boost financial planning in the workplace.
In a bid to build their businesses, some financial advisers are turning to an untapped market: their clients' young children.
Financial firms have bolstered their efforts to help financial advisers connect with minority clients, who typically aren't saving significantly for retirement.
Financial advisers are troubled by an administration proposal that would allow the Securities and Exchange Commission to ban commissions and take other sweeping actions regarding their fees.
Amid the economic downturn, 401(k) abuses by plan sponsors are on the rise.
Non-profit organizations are embracing target date funds and a majority of 403(b) plan sponsors have begun offering these funds in their plans, a study released today showed.
African Americans and Hispanics are less prepared for retirement than their white and Asian counterparts, according to a survey released today.
