Spending in Retirement
Learn how to best work with clients to determine their optimal retirement spending plan.
Treasury Clears Way for Longevity Annuities in 401(k)s, IRAs
By Melanie WaddellThe Treasury Department and the IRS on Tuesday issued final rules to make longevity annuities accessible to the 401(k) and IRA markets.
June 30, 2014
Want to Add 130 Bps to Your Clients’ 401(k) Returns? Educate ThemA National Bureau of Economic Research working paper has found that investors who are the most financially knowledgeable earn 130 basis points more in risk-adjusted annual returns in their DC retirement plans than their less sophisticated peers.
June 30, 2014
NARAB II Bill Would Help Retirees Keep Advisor When Moving Out of StateIRI says there is unprecedented support for the bill, which would establish an insurance licensing clearinghouse for financial professionals operating in multiple states.
June 27, 2014
Andy Friedman: Why Tax Reform’s Not Happening Anytime SoonThe Washington Update's Andy Friedman explains the principles and high political hurdles to comprehensive tax reform, last achieved in 1986 under President Reagan.
June 27, 2014
How to Fix Social Security Claiming Mistakes by ClientsToo many advisors avoid Social Security planning, but helping clients correct a mistake will lead to increased trust and more referrals.
June 26, 2014
Surge in IRA Rollovers Intensifies Competition for AssetsFirms must be creative with their marketing and adapt quickly to capture more IRA rollover business, Cerulli says.
June 25, 2014
Thousands of 401(k)s Fail Nondiscrimination TestIn 2012, the year for which the most recent data is available, $794 million in 401(k) contributions were returned to highly compensated employees.
June 24, 2014
TDFs Lead Investment for Small-Plan Retirement SaversTarget-date funds are the overwhelming favorite among participants in professionally managed investments, a report released Tuesday by Vanguard found.