Retirement

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Milestone planning helps clients and advisers
RETIREMENT PLANNING JUN 26, 2019
Milestone planning helps clients and advisers

There are many benefits to milestone planning. Here is what you need to know

Rising nursing home prices bode poorly for the future
RETIREMENT PLANNING JUN 25, 2019
Rising nursing home prices bode poorly for the future

Georgetown University Medical Center reveals brutal dynamic governing long-term care in America.

Gucci settles 401(k) lawsuit for $1.2 million
RETIREMENT PLANNING JUN 25, 2019
Gucci settles 401(k) lawsuit for $1.2 million

The settlement is notable due to the relatively small size of the company's plan.

Congress members ask GAO to study fallout from death of DOL fiduciary rule
RETIREMENT PLANNING JUN 24, 2019
Congress members ask GAO to study fallout from death of DOL fiduciary rule

Democrats want the Government Accountability Office to examine how brokerage and other financial firms' businesses have changed since the new requirements were vacated last year.

Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax
TAX JUN 24, 2019
Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax

Financial pros argue that a transaction levy will hurt mom and pop investors along with investment houses.

Repeal of SALT cap would be $40 billion windfall for millionaires, according to new data
REGULATION AND LEGISLATION JUN 24, 2019
Repeal of SALT cap would be $40 billion windfall for millionaires, according to new data

Officials in high-tax states say Democratic-led states have been targeted to pay for the cuts.

Charitable donations fall as result of Republican tax law changes
TAX JUN 21, 2019
Charitable donations fall as result of Republican tax law changes

Giving by corporations, foundations, as well as individuals, fell an estimated 1.7%.

Financial planning for same-sex couples has changed immensely since 2015 Supreme Court marriage ruling
RIAS JUN 21, 2019
Financial planning for same-sex couples has changed immensely since 2015 Supreme Court marriage ruling

The Supreme Court upheld same-sex marriage. What does this mean for married and unmarried gay couples now?

Reg BI: How rollovers are changing under the new SEC rules
RETIREMENT PLANNING JUN 20, 2019
Reg BI: How rollovers are changing under the new SEC rules

The new standard is more stringent than the current one, laying out explicit steps that brokers must take when considering a retirement rollover.

Positioning can help 401(k) advisers boost sales
RETIREMENT PLANNING JUN 19, 2019
Positioning can help 401(k) advisers boost sales

Clients may be willing to pay more money for certain services as long as they're positioned correctly.

Tax considerations when gifting stock
MUTUAL FUNDS JUN 19, 2019
Tax considerations when gifting stock

Before gifting stocks to friends and family, investors and advisors should consider the tax implications.

How to suspend Social Security benefits
RETIREMENT PLANNING JUN 19, 2019
How to suspend Social Security benefits

The move can boost future benefits — but beware of unintended consequences.

Target-date fund design may be wrong for retirees
RETIREMENT PLANNING JUN 17, 2019
Target-date fund design may be wrong for retirees

Researchers suggest the funds don't adequately hedge against sequence-of-returns risk in retirement.

MFS settles 401(k) lawsuit for $6.9 million
RETIREMENT PLANNING JUN 17, 2019
MFS settles 401(k) lawsuit for $6.9 million

The payout ranks among the middle tier of settlements reached by other asset managers in similar lawsuits.

Some plan sponsors may need a nudge about HSA rollovers
RETIREMENT PLANNING JUN 15, 2019
Some plan sponsors may need a nudge about HSA rollovers

Multiple accounts at previous employers diminishes the feasibility of these accounts

States losing battle over SALT cap deduction
REGULATION AND LEGISLATION JUN 13, 2019
States losing battle over SALT cap deduction

Arguments by Northeastern states in court hearing later this month deemed a long shot by legal experts

4 strategies for Roth conversions
RETIREMENT PLANNING JUN 13, 2019
4 strategies for Roth conversions

Find out about the different Roth conversion strategies available to you

Lessons for those 'graduating' to retirement
OPINION JUN 13, 2019
Lessons for those 'graduating' to retirement

For many retirees, the struggle isn't having enough money, but confidently spending what they've worked so hard to accumulate.

Betterment offering automated investing and advice for Optum Bank HSA
RETIREMENT PLANNING JUN 12, 2019
Betterment offering automated investing and advice for Optum Bank HSA

The partnership connects the robo with 3 million customers and $9 billion in Optum's HSAs.

401(k) savings rates have stagnated
RETIREMENT PLANNING JUN 12, 2019
401(k) savings rates have stagnated

The overall savings rate has hovered around 10% of income for the past decade and a half, despite improvements in plan design.