The Windfall Elimination Provision reduction rules affect about 2 million people or about 3% of Social Security beneficiaries.
The American Securities Association says the Labor Department voluntarily dropped its appeal of a Florida court's decision striking down DOL guidance making rollover advice fiduciary.
Like baseball star Aaron Judge, annuity sales set a record in ‘22. Here’s why the retirement income instrument could pop out of the dugout for a curtain call in ‘23.
Shortfalls in individuals' nest eggs will mean higher public assistance costs, decreased tax revenue, lower household spending and a decline in standards of living, a study finds.
Plaintiffs claim the three pension funds breached their fiduciary duty when they sold roughly $4 billion in fossil-fuel investments in 2021.
The Inflation Reduction Act gives clients many reasons to make their homes more energy-efficient or get an electric vehicle, now or later.
Vestwell will provide a new record-keeping solution and help power Everyday 401(k), Chase’s workplace savings program for small businesses.
Annuity Research & Consulting will provide fee-only vetting of lifetime income options for company retirement plans.
Fifty years after the passage of ERISA, the insurance industry has come to the rescue with solutions that allow retirement plans to address the problem of decumulation.
There are several approaches an advisor can take to give a client peace of mind regarding their pet's future care.
Mentions of employee benefits in job postings on a recruiting website have soared to the highest rates on record, with one in four jobs now offering retirement plans.
If the IRS thinks a taxpayer owes money, its efforts to collect could include levying bank accounts, placing liens on their home, garnishing their salary, and even refusing to issue a passport.
State pension professionals argued against it, saying the legislation would limit investment considerations.
'It's sort of like the nicest house on an ugly block, which, relatively speaking, is the best place to be,' said one advisor.
The Wisconsin-based firm with $220 million in client assets had been with Associated Investment Services; it will join Commonwealth via an affiliated firm, Integrated Equity Management.
What better time to work with your clients on positioning their portfolios for a better after-tax outcome than when paying taxes is fresh on their mind?
With investors seeking to lock in favorable payout rates before they begin to fall, the survey showed the income annuity market enjoying its highest quarterly sales ever, topping $4.1 billion.
The study showed two-thirds of small businesses without a retirement plan say they are 'highly likely' to offer one, but only 49% have made moves to do so.
Several states will once again be pressing for the establishment of new state-run auto-IRA programs during their legislative sessions this year.
The Transamerica study shows 95% of workers value health insurance as an important benefit, but only 63% of employers offer it to their employees.
