A report by Wade Pfau and Steve Parrish concludes that retirees might not be willing to invest aggressively enough to ensure that claiming early and investing the proceeds generates high enough returns.
Vestwell will provide a small business component for Carson Group’s Complete 401(k) offering that will allow advisors to better scale their small-and-midsize business retirement plan practices.
While divorce is a sad fact for families, it gives financial advisors the chance to prove their worth over a short, intense period.
Digesting everything in the new law will take some time as financial advisors will have plenty of interpreting and educating to do.
The provisions of the SECURE and CARES Acts, and the related IRS rules, are creating even more confusion about which beneficiaries are subject to RMDs this year.
There will be a lot of recession chatter in the coming year and financial advisors had better be prepared for it.
Spiking inflation coupled with a sinking stock market have forced more investors to tap their retirement savings for cash.
The push to interest retirement savers in crypto was part of an effort by FTX Group to expand its base of everyday retail customers.
Target-date funds that are sustainable or responsible are fair game now for retirement plans, but there aren't many of them.
The retirement savings legislation signed into effect by President Biden last week as part of a government funding bill includes 92 provisions designed to boost the number of Americans saving for retirement, as well as the size of their nest eggs.
Public-employee plans are underfunded, chasing higher returns and underperforming international peers overseen by professionals.
The purchase of Virginia-based Ascent Group keeps Alera on track to meet its goal of reaching $10 billion in AUM this year.
Last year's inflation, the highest in decades, means married couples can now hand their heirs almost $26 million tax-free, $1.7 million more than in 2022.
Mary Beth Franklin, who launched her final career phase as a weekly columnist in 2012, will continue writing a monthly column for InvestmentNews.
On first glance at the comprehensive legislation, increasing the RMD age and boosting catch-up contributions are popular.
InvestmentNews subscribers have been able to count on Mary Beth Franklin’s weekly column for intelligent and compassionate answers.
The measure contains 92 retirement savings provisions — including increasing the RMD age, raising catch-up limits and expanding automatic enrollment — that give Republicans, Democrats and the financial industry plenty to love.
Doctors invest significant time and money into their careers upfront, which means starting out with a huge debt load. Meanwhile, their earnings don’t reach full potential until much later in life.
More than any other generation surveyed, members of Gen Z improved their financial habits during the pandemic, with 70% reporting higher savings over that time period.
One thing every investor, and especially retirees, could plainly see was that they were making money for practically nothing each month or quarter for the first time in ages.
