More Investors Get Help With Oil Change Than 401(k) Advice: Schwab
Investors are also more likely to have someone help them landscape or help with their taxes than get help making their 401(k) investment choices.
Don’t Take Retirement Advice From the Social Security Administration
It’s not that SSA employees won’t—it’s that they can’t give advice on how and when to claim benefits, so make sure you give clients the proper benefits claiming advice.
Retirement Savings Nonexistent for Third of Americans
Thirty-six percent of Americans have no retirement savings, according to Bankrate.com, including a quarter of 50- to 64-year-olds.
Which Annuity Is Optimal? SPIAs vs. DIAs
A study of fixed income annuities across 6,000 scenarios ranked one type higher, but the other could soon snatch the annuity crown.
Gen X Retirement Worse Than Boomers'? Check Your Math, Says EBRI
EBRI recently challenged studies from Pew and the Center for Retirement Research that concluded Gen Xers’ retirement prospects were in worse shape than baby boomers'.
Hispanics Seek More Financial Knowledge
Growing up with little to no financial education, Hispanic investors today say they are hungry for more investment knowledge, according to a Wells Fargo survey.
How to Overcome Behavioral Biases, Raise Retirement Savings: Cerulli
Cerulli’s latest research addresses ways recordkeepers can better engage retirement plan participants to improve outcomes.
Fidelity to Pay $12 Million to Settle 401(k) Suits
Fidelity's own employees alleged the mutual fund giant charged excessive fees in the company’s own 401(k) plans.
Top 5 Retirement Expectations of Boomers
Baby boomers are retiring in droves. In five charts, here are their expectations for the future, according to IRI.
Managed Accounts: Next Up for Reform?
The recent GAO report on 401(k) managed accounts raised some pretty serious questions about their worthiness.