Rising Student Debt Among Seniors Threatens to Wreck Their Retirement
The CFPB reports that nearly 40% of borrowers 65 and older, a fast-growing segment of student-loan debtors, are in default.
Congressman Introduces Bill to Delay DOL Fiduciary Rule
The bill would delay the rule's implementation by two years.
Out With the Old, In With the Young: Vanguard Launches 2065 Fund
Today’s 18-year-olds starting at their first job with their first 401(k) have a new retirement option.
Americans Are Putting Billions More Than Usual in Their 401(k)s
But employer auto-enrollment, rather than employee financial intelligence, may be the reason.
Summers Says Markets Underestimating Risks of Trump Presidency
Former Treasury secretary sees “extraordinary uncertainty” and says Navarro-Ross paper is “well beyond voodoo economics.”
A Checklist for DC Plan Sponsors in 2017: Mercer
Plan sponsors need to do more than just focus on retirement when designing and maintaining their DC plans, says Mercer.
How Much Cash Would It Take to Get You to Delay Retirement?
To see if more people could be encouraged to delay claiming Social Security, Olivia Mitchell ran an experiment.
31% Cut in Social Security Benefits Needed by 2031: CBO
An earlier report from the Social Security Trust Fund projected a 21% cut in benefits beginning in 2034 if the status quo remains.
3 Wishes 401(k) Participants Want Advisors to Grant in 2017
In the new year, an ongoing issue is familiar: retirement plan participants’ confusion over how to make the most of their plan.
Former FDIC Chair Bair Has a Plan to Reduce Student Debt
Now president of Washington College, Bair likens the student loan crisis to the home mortgage crisis she dealt with in the past.