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.
Free, But Not Cheap
By Mary ScottWhy do so many people live beyond their means? Or why do people plan to diet and exercise, but fail to do so? Or why...
July 24, 2008
The Healthcare ScareWith Medicare set to hit insolvency in 2018 or 2019, according to most predictions, and doctors' fees and insurance premiums escalating to new highs, healthcare is perhaps the most important issue on the American agenda today. Research conducted by Hartford, Connecticut-based Hartford Financial Services in partnership with Massachusetts Institute of...
July 16, 2008
Senate proposes ban on 401(k) debit cardsDebit cards linked to 401(k) accounts are far too easy to abuse, lawmakers are saying. For every $1,000 drawn from retirement savings, an estimated $10,000...
July 16, 2008
Committee Eyes 401(k) Debit CardsSome members of Congress want to discourage workers from using 401(k) plan hardship withdrawals to pay everyday pre-retirement expenses.Sen. Herbert Kohl, D-Wis., and Sen. Charles ...
July 15, 2008
Saving for women's retirementA study by Hewitt Associates shows that women continue to be behind in saving for retirement compared to men. Longer life spans and lower pay...
July 11, 2008
Defined-contribution plans set for growth and changeDefined-contribution plans are growing and changing fast. The Associated Press reports the defined-contribution market is estimated to double in size by 2015 to $7.5 trillion...
July 09, 2008
Kohl Schedules 401(k) Debit Card HearingThe Senate Special Committee on Aging says it will hold a hearing July 16 on the challenges facing efforts to protect Americans' retirement savings.The hearing ...
July 01, 2008
Lawmakers urge oversight to prevent retirement savings withdrawalsMortgage woes and spiraling credit debt have many investors using their retirement savings to bail them out for the short term. The concerning trend is...