Income Planning
Learn what experts and top advisors say about the best ways to work with clients to determine and build successful retirement income plans.
ASPPA’s Hoffman to Obama: Preserve Retirement Plan Tax Benefits
By John SullivanCraig Hoffman, ASPPAs general counsel and director of regulatory affairs, sat with AdvisorOne on Sunday for an exclusive interview at the organizations 401(k) summit in New Orleans.
March 16, 2012
Record Sales for Income Annuities in Q4 2011: BeaconSetting a record, income annuity sales grew almost 18% in fourth-quarter 2011 and nearly 7% for the entire year, according to a Beacon Research annuity study.
March 15, 2012
Investors With Dual Retirement Plans Outpace Balances in Pure IRAs, 401(k)sThe average balance for an American with both an IRA and a 401(k) is over $200,000, Fidelity Investments found in a survey released Wednesday.
March 15, 2012
McKinsey’s Prescription for Private Banks: Look to Fast-Growing ‘Core Millionaires’American households with investable assets of $1 million to $10 million are the fastest-growing, largest and most profitable segment of the wealth market, says McKinsey & Co. in a new report.
March 15, 2012
Recession-Wracked Boomers Seek Reverse Mortgages at Younger Age: MetLifeThe number of cash-strapped Baby Boomers age 62 to 64 taking out reverse mortgages has tripled since 1999, sharply lowering the average age of potential borrowers, according to a study released Wednesday by the MetLife Mature Market Institute.
March 14, 2012
Benefits Council Applauds Pension Relief in Senate BillThe American Benefits Council is applauding the final passage by the Senate today of The Highway Investment, Job Creation and Economic Growth Act, as the bill includes a provision that provides pension funding relief to companies.
March 14, 2012
How Bernie Madoff Is Harming Your IRAMadoff, it seems, is having a profound and lasting effect on how large firms handle IRAs, which is to say that more and more are not handling them at all.
March 13, 2012
‘Reformed Broker’ Gadfly Joins BrightScope as Social Media AdvisorJoshua Brown, the angry former broker who made a name for himself by saying out loud what others in the finance industry just think, has joined the advisory board of 401(k) analytics firm BrightScope.