Retirement

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RETIREMENT PLANNING JUL 27, 2011
Top-rated states face credit downgrade

Moody's places five Aaa issuers under review for possible downgrades. The reason? The states are vulnerable to cuts in federal spending, the rating agency says.

RETIREMENT PLANNING JUL 26, 2011
Broken window: Rollover horror stories

When clients withdraw money from an individual retirement account or employer retirement plan and want to move those funds to another retirement account, they must roll over those funds within 60 days of the date that they received the distribution from the plan or IRA

Automatic for the people: Fund firms back digital statements as default for retirement plans
RETIREMENT PLANNING JUL 26, 2011
Automatic for the people: Fund firms back digital statements as default for retirement plans

Plan sponsors should be able to send retirement plan info to employees digitally without getting permission, industry groups argue

Fund firms on 401(k) fee disclosure deadline: More time, please
RETIREMENT PLANNING JUL 26, 2011
Fund firms on 401(k) fee disclosure deadline: More time, please

DOL's latest start date — Jan. 1 — still too soon, industry group contends

College marketing an education in how to generate cash, buzz
RETIREMENT PLANNING JUL 26, 2011
College marketing an education in how to generate cash, buzz

Top universities are said to be soliciting applicants who have little chance of getting admitted. The reason? Critics say it's to generate both cash and buzz.

TAX JUL 24, 2011
Are your clients traders or investors?

Under U.S. tax law, investment expenses are considered miscellaneous itemized deductions

Biggest muni bankruptcy ever puts investors on high alert
RETIREMENT PLANNING JUL 22, 2011
Biggest muni bankruptcy ever puts investors on high alert

Creditors left holding the bag after Jefferson County goes bust; 'catastrophic mistake'

Will minibonds be a megahit?
RETIREMENT PLANNING JUL 22, 2011
Will minibonds be a megahit?

California eyes selling muni debt in $25 denominations; lower buy-in designed to attract more investors

Expected rout in muni market a no-show
RETIREMENT PLANNING JUL 22, 2011
Expected rout in muni market a no-show

After S&P lowered ratings on thousands of municipal bonds earlier in the week, traders braced for a massive selloff. They're still waiting.

Regulator to bond dealers: Don't rip off investors
RETIREMENT PLANNING JUL 22, 2011
Regulator to bond dealers: Don't rip off investors

MSRB warns against price manipulation in the wake of possible credit downgrades

A bridge loan too far? California aims to borrow $5B to protect against U.S. default
RETIREMENT PLANNING JUL 22, 2011
A bridge loan too far? California aims to borrow $5B to protect against U.S. default

State hedging against possible credit market chaos; lowest-debt rating of all 50 states

Debt deal in Washington could be monumentally bad for clients
RETIREMENT PLANNING JUL 22, 2011
Debt deal in Washington could be monumentally bad for clients

Tax breaks for investments and savings look to be prime targets for lawmakers; 'the fight is coming'

Triple-A rated insurers can handle a mild downgrade of U.S. debt
LIFE INSURANCE AND ANNUITIES JUL 22, 2011
Triple-A rated insurers can handle a mild downgrade of U.S. debt

The ratings of four major life insurers with pristine Aaa ratings are likely to hold steady, provided the U.S.'s government bond rating doesn't fall by more than one rung.

Mortgage tax break set for the wrecking ball?
RETIREMENT PLANNING JUL 21, 2011
Mortgage tax break set for the wrecking ball?

Poll reveals more Americans willing to give up home-loan interest deduction

LIFE INSURANCE AND ANNUITIES JUL 21, 2011
Insurers getting plenty of mileage out of long-term-care hybrids

Pearl Neier, 85, decided against long-term-care insurance after hearing about the policies from AARP, the group that lobbies for older Americans

LIFE INSURANCE AND ANNUITIES JUL 21, 2011
MetLife names Goulart as new CIO

MetLife Inc., the largest U.S. life insurer, selected Steven J. Goulart as chief investment officer to oversee a portfolio valued at more than $450 billion.

ETFS JUL 20, 2011
The complexity of ETF options

As they do with stocks, investors have the opportunity to trade listed options on many exchange-traded funds

LIFE INSURANCE AND ANNUITIES JUL 20, 2011
Illinois securities cops revoke licenses of reps for annuity sales

The Illinois Securities Department has revoked the registration of two investment adviser representatives for inappropriately liquidating clients' annuities to fund the purchase of fixed-indexed annuities

LIFE INSURANCE AND ANNUITIES JUL 20, 2011
Market lifts variable annuity assets to all-time high

Assets in variable annuities reached an all-time high in the first quarter of the year. Cash inflows helped, but the high-flying stock market was the real reason the coffers bulged.

RETIREMENT PLANNING JUL 19, 2011
Gored

The average closing cost on a mortgage jumped from around $3,600 to more than $4,000 this year. It's even more expensive in these ten states.