Liability Costs Driving Up Long-Term Care Bills
Actuaries found that liability losses amounted to an average of $218,000 per claim, or $2,350 per long-term care bed.
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.
9 Years Later, Workers Still Recovering From Great Recession
Less than 40% of workers say they have recovered financially from the recession that started in December 2007, a study finds.
Ex-Rep, Radio Host in Texas Arrested for $6M Fraud
The charges against Bobby Eugene Guess include theft and money laundering tied to a Ponzi scheme.
7 Estate Planning Resolutions for Clients to Make Now
Given the uncertainty surrounding estate planning legislation, many clients may be reluctant to focus on their estate planning goals.
Start Worrying About Long-Term Care
Will long-term care insurance ever be an attractive product for many Americans? If not, how will we pay for care when we get old?
Natixis Plans First Target-Date Suite Focused on ESG: Top Portfolio Products
In other product news, Hartford Funds reduces fees on four of its strategic beta ETFs.
6 Economic Predictions for 2017: SIFMA
The forecast “begins to reflect people’s expectations of fiscal and trade policies under the Trump administration.”
9 Reasons Retirement May Go Extinct
Millennials in particular represent a shift in attitude that includes very unretirement-like plans.