Can Clients 1035 an Inherited Annuity?
The IRS ruled that a beneficiary could exchange inherited annuities for another, indicating an expansion of the rules governing Section 1035 exchanges.
Going Feral: A Boomer’s Advice for the ‘New’ Retirement
A retired Penn State professor’s resignation letter has relevance to financial advisors as a case study in what the new retirement might look like for affluent boomer clients.
What Should 401(k)s Cost? What Do They Cost?
As DOL prepares its fiduciary reproposal, a Yale professor’s letter has shifted the conversation to “Why are 401(k) plans overcharging participants?” It’s the kind of publicity politicians can’t ignore.
3 Steps to Shore Up Retirement Security: Putnam CEO Bob Reynolds
Putnam Investments CEO Bob Reynolds hasn't been shy about decrying America’s broken retirement savings system, and now he offers three steps to help fix it.
Profiles in Leadership: Great Leaders Use Both Sides of the Brain
Throughout his long and innovative career, Bill Chetney of LPL has exhibited three key traits found in many leaders. Read and learn.
View of Retirement ‘Surprisingly Optimistic’ in Wake of Recession
Despite the recession, a survey finds that people 55 and older are optimistic about retirement.
Big Companies' Pension-Funded Status Up $25 Billion in June: Milliman
Rising interest rates offset $10 billion investment loss from corporate pension plans.
Expense Ratios Fell on DC Plan Stock Mutual Funds in 2010: ICI
Participants in 401(k) plans paid lower expense ratios overall; plan sponsors 'are seeking and getting good value,' says ICI.
More Portfolios Beating Recession: Edward Jones Retirement Survey
More investors say their portfolios have recovered from market lows three years ago, but fewer Americans are saving for retirement at all, according to a survey released Tuesday.
Caregivers Risk Retirement Benefits Aiding Elderly Parents
A MetLife study released Tuesday put the cost paid by children who care for their elderly parents at $3 trillion in lost wages and benefits.