Saving for Retirement
Learn about traditional and new methods of saving for retirement, including products and ideas on how advisors can help clients save for retirement.
Feds’ 401(k) Annuity Proposals: Baby Steps (CFO)
By Staff WriterProposed new rules aimed at giving 401(k) plan participants more options to invest in annuities providing a guaranteed lifetime income stream may prompt some plan sponsors to offer such investments. But the proposals dont go nearly far enough to persuade a majority to do so, experts say.
February 07, 2012
Annuitizing Your 401(k) (Wall Street Journal)In an attempt to help create a source of income that people can't outlive, the federal government is trying to make it easier for workers to buy annuities with their retirement savings.
February 06, 2012
Defined-Contribution Plans ‘Primary Retirement Savings’ Tool for Young WorkersWorkers under the age of 35, the generation most likely to depend almost solely on DC plans rather than the typical Social Security-savings-pension model, need to be diligent if they expect to save enough for retirement, Northern Trust found.
February 02, 2012
DOL Releases Long-Awaited 401(k) Fee Disclosure RuleLabors Employee Benefits Security Administration said Thursday it would extend the compliance deadline of rule 408(b)(2) to July 1.
February 01, 2012
Learning to Speak Your Client’s LanguageThe best financial advisors know how to tune into each clients money history and individual story.
January 26, 2012
The Biggest IRA MistakeAn IRA or an annuity owned inside an IRA may not automatically roll over to a surviving spouse.
January 24, 2012
Gen X: Lonely Hearts, Empty WalletsA report released Monday by the Insured Retirement Institute found while overall, Gen X investors lack retirement confidencetwo-thirds doubt theyll have enough money to live comfortably in retirement or cover medical expensesmarital status is an indicator of how well prepared they are.