Retirement Plans

$1.46M is the ‘Magic Number’ for Retirement, Study Finds

That’s how much U.S. adults think they’ll need to retire comfortably but few are prepared, according to new research from Northwestern Mutual.

Could You and Your Clients Win the Super Bowl?

We must always guide clients with a well laid-out holistic strategy, even if their asset-accumulation season has ended. (By Ilene Slatko)

Advisors Dabbling in DC Market Seek Greater Support: Cerulli

Providing them with tools, education and guidance would help them grow their retirement-plan businesses, says Cerulli Associates.

SEC Fines TIAA Unit $2.2M for Violating Reg BI

The SEC said a TIAA broker-dealer charged some retail customers too much to invest in mutual-fund choices in an IRA.

IBM Reopens Its Frozen Pension Plan, Saving the Company Millions

The company also has stopped making contributions to employee 401(k) accounts. The move will benefit some employees and hurt others.

Even Millionaires Flunk Retirement 101: Study

The American College of Financial Services plans to use its new research to help advisors improve client conversations.

Ending Economic Discrimination Means Better Old Age for All

A Social Security executive urges retirement professionals to address economic discrimination, particularly for Black women.

Mega Roths Help Clients Boost Savings, Lower Taxes

As an advisor, there’s a lot you can do to help clients get the most out of their retirement savings accounts. (By Monica Dwyer)

To Save Social Security, Scrap Retirement-plan Tax Perks: Munnell

Tax deferrals on 401(k)s and IRAs cost $185 billion but have failed to increase retirement savings, says a new report from Boston College.

DOL Proposal Aims to Reduce Number of Lost 401(k) Accounts

The Department of Labor is proposing a regulation that could reduce the number of lost retirement accounts after workers change jobs.

Latest News

Wealth Enhancement Group Acquires $809M Retirement Advice RIA

The partnership with The Retirement Group in San Diego brings the firm’s total client assets to more than $82.7 billion.

Yes, There Is a Best Day of the Week to Book Your Flight, Study Confirms

In general, early-in-the week bookings can save you the most money, but it depends on the airline, a survey of domestic flights finds.

Rent Increases Vastly Outstrip Wage Growth in These Markets

A new Zillow analysis shows U.S. rents have surged in most markets over the last five years — but a couple cities are clear leaders.

Oklahoma Financial Advisor Duo Managing $200M Joins Raymond James

The husband-and-wife team of Mike and Shaley Sikes of Edmond, Okla.., previously was affiliated with Edward Jones.

Demand for Advisor Services Soars, Annual Industry Survey Reveals

The ranks of financial advisors surpassed 1 million in 2023, according to the Investment Adviser Industry Snapshot.

Washington State’s LTC Program May Get Nixed

In November, the state will vote on making the program tax voluntary, which would make the program financially unworkable.

IRS Accepting Applications for Tax Preparation Program Grants

Participating organizations provide free tax counseling to seniors and underserved communities.