Stretch Veterans’ Long-Term Care Savings With an A&A Pension
Advisors serving veterans with extended LTC needs may want to consider an immediate annuity to help them qualify for a supplemental pension through the VA.
Securities America to Pay $1M Over Sales of MedCap Notes
Earlier, the IBD agreed to give some $2.8 million to some 60 investors who lost millions as the firm went into default.
Bill Would Change Social Security COLA Formula
Social Security cost-of-living adjustments should reflect seniors' costs, not those of workers, says Rep. John Garamendi, D-Calif.
19% of Households Are ‘Not Worried Enough’ About Retirement
A significant share of Americans need a better assessment of their retirement income needs, according to a report from Boston College's Center for Retirement Research.
Wells Fargo Robo Pilot Set for Summer; Rollout for Late 2017
The service, to be called Intuitive Investor, aims to bring in new, younger clients to its wealth management unit.
Democrats and Republicans Alike Worry About Retirement Security
A majority of Americans say pensions are better for retirement security than 401(k) plans, NIRS found in a survey.
Most Long-Term Care Insurance Claims Are for Home Care
LTCI is not "nursing home insurance," says AALTCI's Jesse Slome.
IRI Focuses on Worker Access to Retirement Savings Plans
The retirement income trade group will focus on expanding workers’ access to retirement planning and saving opportunities in 2017.
Most Middle-Income Boomers Feel Unprepared for Retirement: Survey
Just 31% of middle-income boomers feel prepared for retirement now compared to 41% before the financial crisis, according to a Bankers Life survey.
For Self-Employed Workers, Retirement Is Flexible
Self-employed Americans value flexibility in their work and are looking for that same quality in their retirement, according to a study.