Retirement

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Medicare participants get early view of 2024 increase
RETIREMENT PLANNING OCT 13, 2023
Medicare participants get early view of 2024 increase

The rise in the monthly Part B premium for next year is primarily a result of projected increases in health care spending, CMS says.

Millions of women are facing retirement disaster, according to new report
RETIREMENT PLANNING OCT 13, 2023
Millions of women are facing retirement disaster, according to new report

Those closest to retirement are among the least prepared.

Advisors encourage clients to establish emergency savings funds
RETIREMENT PLANNING OCT 12, 2023
Advisors encourage clients to establish emergency savings funds

Fidelity survey says lack of money for a rainy day is a major source of stress. 'We always recommend having an emergency fund, whether [clients] need it or not,' an advisor says.

MetLife latest in string of 401(k) lawsuit settlements
RETIREMENT PLANNING OCT 12, 2023
MetLife latest in string of 401(k) lawsuit settlements

The increase in the number of cases being settled this year follows a spike in litigation that started several years ago.

New Social Security COLA for 2024 may leave some retirees short
RETIREMENT PLANNING OCT 12, 2023
New Social Security COLA for 2024 may leave some retirees short

Latest increase could mean some clients see a net deficit, advisor warns.

Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says
RETIREMENT PLANNING OCT 11, 2023
Gen Z has ambitious retirement goals in face of increasing obstacles, Schwab says

Savers are feeling deflated in face of challenges like inflation, monthly bills and paying for unexpected expenses.

Calpers needs a new CIO for $450B fund, but it's no easy job
RETIREMENT PLANNING OCT 11, 2023
Calpers needs a new CIO for $450B fund, but it's no easy job

Incumbent resigns after 18 months and the search is on for a successor.

PGIM cuts fees on target-date funds
RETIREMENT PLANNING OCT 10, 2023
PGIM cuts fees on target-date funds

The TDF series will be renamed PGIM Target Date Funds, and some underlying investments will be changed.

UAW wants pensions back. Automakers really don't
RETIREMENT PLANNING OCT 10, 2023
UAW wants pensions back. Automakers really don't

Most companies don't offer pensions, and many that once did are transferring the liabilities to insurance companies.

GE's 401(k) lawsuit settlement has $61M price tag
RETIREMENT PLANNING OCT 09, 2023
GE's 401(k) lawsuit settlement has $61M price tag

Plaintiffs alleged the company ran afoul of the Employee Retirement Income Security Act by putting its own funds on the plan menu.

Savant boosts advisors' 401(k) management with Pontera partnership
RIAS OCT 06, 2023
Savant boosts advisors' 401(k) management with Pontera partnership

RIA hails 'significant operation improvements' from fintech platform.

New private fixed-income leaders for SLC Management
RETIREMENT PLANNING OCT 06, 2023
New private fixed-income leaders for SLC Management

Current leader is to retire from leading the growing PFI team.

Employers racing to offload pensions to insurers
RETIREMENT PLANNING OCT 04, 2023
Employers racing to offload pensions to insurers

The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.

Target-date funds: Low fee doesn't equal low risk
OPINION OCT 04, 2023
Target-date funds: Low fee doesn't equal low risk

Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries

Millions of Americans face a retirement income shortfall, Vanguard research warns
RETIREMENT PLANNING OCT 04, 2023
Millions of Americans face a retirement income shortfall, Vanguard research warns

The gap between need and ability is highlighted in inaugural report.

House bill to double HSA limits slammed as perk for wealthy
RETIREMENT PLANNING OCT 03, 2023
House bill to double HSA limits slammed as perk for wealthy

Opponents say the legislation would do little to help most people.

Retirement risks in the RIA world and how to manage them
RETIREMENT PLANNING OCT 02, 2023
Retirement risks in the RIA world and how to manage them

Experts discuss life expectancy and other retirement risks faced by advisors and their clients at a recent RIA LABs webinar.

Coldstream adds wealth firm and accounting firm
RIAS OCT 02, 2023
Coldstream adds wealth firm and accounting firm

The two Kirkland, Washington-based firms will expand Coldstream’s business in the Pacific Northwest.

Annuities are changing the game for advisors
RIAS SEP 29, 2023
Annuities are changing the game for advisors

Experts discuss the advantages of annuities and a handy tool for advisors at a recent webinar.

More than 1 in 10 Gen Xers nearing retirement still burdened by student debt
RETIREMENT PLANNING SEP 29, 2023
More than 1 in 10 Gen Xers nearing retirement still burdened by student debt

Research reveals how burden could be impacting savings targets.