Retirement

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Treasury may extend April 15 tax deadline over coronavirus
TAX MAR 11, 2020
Treasury may extend April 15 tax deadline over coronavirus

That deadline is cited in the tax code, but the agency regularly makes exceptions, especially for victims of natural disasters

Judge pulls plug on CenturyLink 401(k) lawsuit
RETIREMENT PLANNING MAR 10, 2020
Judge pulls plug on CenturyLink 401(k) lawsuit

The court granted summary judgment for the telecommunications firm, finding that its $5 billion plan did not violate federal law

Fears over market drop could cause some to postpone retirement
RETIREMENT PLANNING MAR 10, 2020
Fears over market drop could cause some to postpone retirement

Survey of those nearing retirement shows many would opt to work longer

Alight, Estee Lauder settle case of plundered 401(k)
RETIREMENT PLANNING MAR 09, 2020
Alight, Estee Lauder settle case of plundered 401(k)

Thieves raided a retirement plan participant's account of $99,000, nearly emptying it

Loan provider adds 401(k) service for debt-weary workers
RETIREMENT PLANNING MAR 09, 2020
Loan provider adds 401(k) service for debt-weary workers

Retirement plan sponsors can now make contributions on behalf of employees who are paying down student loans

Aon to purchase Willis Towers for $30 billion
LIFE INSURANCE AND ANNUITIES MAR 09, 2020
Aon to purchase Willis Towers for $30 billion

The deal will combine the world's second- and third-biggest insurance brokerages

Market plunge tests performance of target-date funds
RETIREMENT PLANNING MAR 06, 2020
Market plunge tests performance of target-date funds

Managers made several changes following the 2008 crisis, including reducing allocations to high-yield bonds and equities

Fidelity's new mutual funds target HSA investments
RETIREMENT PLANNING MAR 05, 2020
Fidelity's new mutual funds target HSA investments

The products encourage clients to use health savings accounts as investment vehicles

Women and retirement preparedness
RETIREMENT PLANNING MAR 05, 2020
Women and retirement preparedness

As International Women's Day approaches this Sunday, female investors continue to face challenges related to longevity and lower lifetime earnings

Balances in self-directed 401(k) accounts up 19% last year: Schwab
RETIREMENT PLANNING MAR 05, 2020
Balances in self-directed 401(k) accounts up 19% last year: Schwab

Participants' asset allocation was largely unchanged, with more than a third of their assets in mutual funds

By the Numbers: Annuities News
LIFE INSURANCE AND ANNUITIES MAR 04, 2020
By the Numbers: Annuities News

What will a new insurance model rule for states mean for advisers who sell annuities? And what is the goal of the new Retirement Income Institute?

Rep used DOL rule as cover to take $150,000 from VAs: Finra
RETIREMENT PLANNING MAR 04, 2020
Rep used DOL rule as cover to take $150,000 from VAs: Finra

The self-regulatory agency this week barred registered rep Louis Cook

Vanguard cements its hold on the target-date marketplace
RETIREMENT PLANNING MAR 04, 2020
Vanguard cements its hold on the target-date marketplace

The trend toward lower costs in retirement plans has benefited products across the industry

The SECURE Act’s unprecedented opportunities
OPINION MAR 04, 2020
The SECURE Act’s unprecedented opportunities

As the legislation brings about big changes in the retirement plan market, will advisers benefit or will they be drowned?

John Hancock sued over 'self-dealing' in 401(k) plan products
RETIREMENT PLANNING MAR 03, 2020
John Hancock sued over 'self-dealing' in 401(k) plan products

The financial services firm is the latest to be targeted for including proprietary products in its retirement plan

Oracle to pay $12 million to settle 401(k) lawsuit
RETIREMENT PLANNING MAR 02, 2020
Oracle to pay $12 million to settle 401(k) lawsuit

The company allegedly breached its fiduciary duty, in part by selecting funds that allegedly made excessive revenue-sharing payments to Fidelity

No stretch IRA? No problem
RETIREMENT PLANNING MAR 02, 2020
No stretch IRA? No problem

5 reasons why the elimination of the stretch IRA is not the end of the world

The new essential
RETIREMENT PLANNING FEB 29, 2020
The new essential

By addressing clients’ health and aging, advisers can prove their value as rising health care costs threaten the security of retirement accounts

401(k) trading spikes amid correction
RETIREMENT PLANNING FEB 28, 2020
401(k) trading spikes amid correction

Rebalancing activity was the highest it's been since 2008, according to record keeper Alight Solutions

Sanders proposes curbing tax break for executive retirement perk
PRACTICE MANAGEMENT FEB 27, 2020
Sanders proposes curbing tax break for executive retirement perk

Presidential candidate to introduce measure that stops execs from delaying paying taxes on stock options and deferred compensation