Doing a Roth conversion is one way to avoid a tax hit later, Slott said, and life insurance is another, often-overlooked tool.
Advisers should talk to their clients about their comfort level with risk and whether they prefer a safety-first approach.
New retirees must figure out how to convert their savings to retirement income, and the SECURE Act might mean opportunities for advisers willing to ramp up services to attract them.
During inflationary periods, sectors that thrive under most circumstances and breakthroughs that have established themselves are both good bets.
Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.
The best time to consider long-term services and support is before a parent experiences a health care event like a fall, heart attack, car accident or cognitive decline.
Many growth-oriented stock funds offered in 401(k) plans are down more than 10% so far this year.
71% of employers feel the deteriorating mental health of their workforce is having a negative financial impact on the company.
Legislation would require companies to explain to employees the benefits of taking their pension benefits as a one-time lump-sum payout versus collecting a regular income stream in retirement.
Retirees and workers remain optimistic about their ability to retire comfortably. However, concerns about inflation are creeping in.
Just 66% say target-date funds do extremely well or very well when it comes to helping plan participants deal with their income needs during retirement.
Offering crypto investments through workplace plans will make digital assets more accessible, but the option needs to be right for the investor.
The product will allow 401(k) participants to invest a portion of their savings in Bitcoin; employers that offer the option will decide what percentage of an employee's account can be directed into crypto.
The opportunity to use a valuable claiming strategy will soon disappear.
A new survey shows the true cost of playing around: If millennials saved the $86 that they spend on gaming each month, they'd have put aside $307,306 by the time they hit age 65.
Blogs, email accounts are among the items making their way into estate plans these days.
The Labor Department gave the Swiss bank's affiliates a one-year extension of a key designation that allows them to manage U.S. pension funds, but says it will look at whether to revoke that due to the bank's misconduct.
New (and confusing) IRS rules about required minimum distributions raise new questions for advisers.
Schwab study shows the YOLO generation is beating boomers when it comes to starting and stuffing their 401(k)s.
Only small fractions of workers took withdrawals from or stopped contributing to their company plans last year, according to an Investment Company Institute study.
