Retirement

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Why ESG funds are used haphazardly in 401(k)s
RETIREMENT PLANNING JUL 22, 2022
Why ESG funds are used haphazardly in 401(k)s

Savers often randomly choose investments, but the future for ESG in retirement plans might still be strong.

Annuities flew off the shelves in second quarter, Limra says
LIFE INSURANCE AND ANNUITIES JUL 21, 2022
Annuities flew off the shelves in second quarter, Limra says

Total U.S. annuity sales increased 22% to a record $77.5 billion during the quarter, and fixed-rate deferred annuity sales jumped 76% from the year-ago period.

Inflation, Covid stoking retirement savings fears, says Nationwide survey
RETIREMENT PLANNING JUL 21, 2022
Inflation, Covid stoking retirement savings fears, says Nationwide survey

Two-thirds of Americans worry more now than they did last year about their retirement income, and 70% are concerned that Social Security will run out of funding.

All rise! 401(k) legal battles set to surge in second half of year
RETIREMENT PLANNING JUL 20, 2022
All rise! 401(k) legal battles set to surge in second half of year

A couple of major court rulings may lead to more litigation related to defined-contribution retirement plans.

Confidence in retirement security dropping, inflation not helping: BlackRock study
RETIREMENT PLANNING JUL 20, 2022
Confidence in retirement security dropping, inflation not helping: BlackRock study

The investment giant's latest survey showed more women have concerns than any other group.

Edelman Financial Engines launches workplace financial wellness platform
RETIREMENT PLANNING JUL 20, 2022
Edelman Financial Engines launches workplace financial wellness platform

Digital content, webinars, educational tools and access to an adviser are part of the offering.

Two essential retirement guides for women
RETIREMENT PLANNING JUL 19, 2022
Two essential retirement guides for women

Financial planning pioneers share their experiences and wisdom on the challenges of retirement.

Equitable settles with SEC for $50 million over misleading annuity statements
RETIREMENT PLANNING JUL 19, 2022
Equitable settles with SEC for $50 million over misleading annuity statements

The SEC said Equitable had provided false statements to 1.4 million variable annuity customers, most of whom were teachers or other public school employees.

Update estate plans for IRAs with these 3 steps
RETIREMENT PLANNING JUL 18, 2022
Update estate plans for IRAs with these 3 steps

Many clients aren't aware that plans they made long ago to leave individual retirement accounts to their beneficiaries may not work as intended, given the SECURE Act and recent IRS rules.

Alera Group acquires $500 million retirement plan adviser
RETIREMENT PLANNING JUL 18, 2022
Alera Group acquires $500 million retirement plan adviser

DFG 401(k) Advisors, which is based in Phoenix, is joining Alera through its Benefit Commerce Group and will now operate as BCG 401(k) Advisors.

'Great Resignation,' Covid-19 forcing employers to sweeten benefits
RETIREMENT PLANNING JUL 14, 2022
'Great Resignation,' Covid-19 forcing employers to sweeten benefits

Nonmedical and nontraditional workplace benefits are expected to grow 20% by 2026 as a result of increased competition for workers and heightened employee expectations, according to a recent report from Limra and EY.

American companies still lack retirement plans: AARP
RETIREMENT PLANNING JUL 14, 2022
American companies still lack retirement plans: AARP

Close to half of U.S. private-sector employees ages 18 to 64 work for a company that doesn't offer either a traditional pension or a retirement savings plan.

Wealthy business owners are at center of fight over Biden’s tax plan
RETIREMENT PLANNING JUL 13, 2022
Wealthy business owners are at center of fight over Biden’s tax plan

Senate Majority Leader Chuck Schumer’s tax plan is key to the Democrats’ economic package.

Edelman Financial Engines names new head of technology
RETIREMENT PLANNING JUL 13, 2022
Edelman Financial Engines names new head of technology

One of the largest investment advisers in the U.S. has promoted a relative newcomer to oversee the firm’s technology.

Social Security COLA could top 10% in 2023
RETIREMENT PLANNING JUL 13, 2022
Social Security COLA could top 10% in 2023

Current inflationary trends point to the biggest benefit increase in 41 years, with June CPI showing a 9.1% jump over the last 12 months.

401(k) contributions lagging, especially among millennials: BofA survey
RETIREMENT PLANNING JUL 13, 2022
401(k) contributions lagging, especially among millennials: BofA survey

The majority of eligible employees participate in 401(k) plans, but there's much room for improvement when it comes to how much they contribute.

Americans worried about inflation, but not as much as advisers: Survey
RETIREMENT PLANNING JUL 12, 2022
Americans worried about inflation, but not as much as advisers: Survey

Americans ages 45 to 75 are worried about the dual risks of high inflation reducing spending power in retirement or a recession impacting retirement income.

Protective launches variable annuity with deferral options
RETIREMENT PLANNING JUL 12, 2022
Protective launches variable annuity with deferral options

The product, which has been branded Protective Aspirations, allows holders to maximize either retirement income or growth potential.

Social Security tax tips for the self-employed
RETIREMENT PLANNING JUL 11, 2022
Social Security tax tips for the self-employed

Advisers often ask whether there's a way to minimize payroll taxes for small-business owners while maximizing future Social Security benefits.

11 top retirement movies to watch this summer
RETIREMENT PLANNING JUL 11, 2022
11 top retirement movies to watch this summer

Whether you’re retiring or not, sit back and relax while you gain some insight, motivation and a few good laughs from our list of the best retirement movies of all time.