Retirement

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HSAs as investments on the rise, but use still low
RETIREMENT PLANNING MAR 28, 2024
HSAs as investments on the rise, but use still low

Few people are taking full advantage of the 'triple tax benefits' of health savings accounts, according to EBRI research.

It’s official: Health care costs trump retirees’ other concerns
RETIREMENT PLANNING MAR 28, 2024
It’s official: Health care costs trump retirees’ other concerns

Poll of US seniors reveals that worries over health care expenses impact other areas, but only one-third have saved for health costs.

AllianceBernstein 401(k) lawsuit booted
RETIREMENT PLANNING MAR 27, 2024
AllianceBernstein 401(k) lawsuit booted

A court dismissed the case, pointing to the facts that the company waived fees for its participants and didn't really benefit from the assets.

The gender gap extends to retirement plan savers, Nationwide says
RETIREMENT PLANNING MAR 27, 2024
The gender gap extends to retirement plan savers, Nationwide says

Women have more concerns about retirement and are less likely to have reached key financial milestones, survey shows.

Empower teases 401(k) platform for small businesses
RETIREMENT PLANNING MAR 27, 2024
Empower teases 401(k) platform for small businesses

The retirement services giant says its forthcoming platform will help advisors and third-party administrators address the access gap for more US workers.

Americans dipping into retirement savings as inflation lingers
RETIREMENT PLANNING MAR 26, 2024
Americans dipping into retirement savings as inflation lingers

More than half have taken on debt in response to higher costs, according to an Allianz Life survey.

2023 was boom year for health savings accounts
RETIREMENT PLANNING MAR 26, 2024
2023 was boom year for health savings accounts

Devenir reports that HSAs saw robust growth in invested assets last year, along with increases in contributions and withdrawals.

Retirees in target-date funds still recovering from 2022
RETIREMENT PLANNING MAR 26, 2024
Retirees in target-date funds still recovering from 2022

Morningstar's Target-Date Strategy Landscape report also shows that costs are going down and that CITs are about to surpass mutual funds.

BlackRock's Fink urges fix for looming 'retirement crisis'
RETIREMENT PLANNING MAR 26, 2024
BlackRock's Fink urges fix for looming 'retirement crisis'

The CEO says politicians and corporate leaders need to rethink the retirement system, and questions whether 65 is still the correct retirement age.

IRS sitting on $1B that should be in 940,000 Americans' bank accounts
TAX MAR 26, 2024
IRS sitting on $1B that should be in 940,000 Americans' bank accounts

And the refunds may be missed forever if an upcoming deadline is missed.

BofA rolls out retirement income portfolios
RETIREMENT PLANNING MAR 25, 2024
BofA rolls out retirement income portfolios

The products, available to Merrill's clients, are designed to provide retirees with reliable income over 25 years.

Schlichter explores pension risk transfer lawsuit against Alcoa
LIFE INSURANCE AND ANNUITIES MAR 25, 2024
Schlichter explores pension risk transfer lawsuit against Alcoa

The law firm, which has brought two cases this month over pension risk transfers, is looking for participants and beneficiaries of Alcoa's pension plan.

Avantax president accounts for a brand-new era
BROKER DEALERS MAR 25, 2024
Avantax president accounts for a brand-new era

While the firm is best known for its tax expertise, Todd Mackay is talking about relationships and creating connections.

Florida-or-bust retirement prevails
RETIREMENT PLANNING MAR 25, 2024
Florida-or-bust retirement prevails

Advisors help clients make sure they don’t experience both, as interest rates dip slightly and more homes go on the market.

The bull run and your client’s retirement plan
RETIREMENT PLANNING MAR 25, 2024
The bull run and your client’s retirement plan

As stocks head higher, clients are seeing visions of early retirement. What should advisors be telling them?

Ensuring alimony payments continue despite premature death
RETIREMENT PLANNING MAR 25, 2024
Ensuring alimony payments continue despite premature death

One of the most effective ways to secure alimony against the risk of premature death is through life insurance.

Gen Z will need help – are you ready?
RETIREMENT PLANNING MAR 25, 2024
Gen Z will need help – are you ready?

The mood and savings habits of Gen Z suggest a huge opportunity on the horizon.

AI partnership takes aim at workers’ student debt
RETIREMENT PLANNING MAR 22, 2024
AI partnership takes aim at workers’ student debt

Workplace fintech and fiduciary retirement plan provider team up to help more plan sponsors and participants with student loan matching solutions.

Empower unveils comprehensive retirement income suite
RETIREMENT PLANNING MAR 22, 2024
Empower unveils comprehensive retirement income suite

The DC plan provider is rolling out an expansive shelf of retirement solutions through multiple partnerships.

Social Security backs off tough stance on recouping overpayments
RETIREMENT PLANNING MAR 21, 2024
Social Security backs off tough stance on recouping overpayments

Commissioner Martin O'Malley, in his early days on the job, said that practices will change next week.