Guaranteed Income

The way we approach entitlements — particularly Social Security — could be improved. There may be accord on that, but how to go about it is more of a cacophony. Such reform would have many ramifications — and retirement policy is one of the many shores that would be washed by the ripple of waves it... READ MORE

Defined benefit plans can play a key role in providing financial stability in retirement, but their effects may not be widespread, according to a recent study.In “It’s All About Income,” the Insured Retirement Institute (IRI) studied 806 Americans age 65-80 who retired at least five years before... READ MORE

In most professional sports, the clock — the time remaining in the contest — is a factor (baseball being a notable exception — those nine innings are going to be played, regardless of how long it takes).The clock can be your enemy if you’re trying to hang on to a slender lead — or it can be your... READ MORE

The Department of Labor (DOL) on Sept. 22 announced that it has awarded more than $150,000 in research grants to expand portable retirement savings plans for low-wage workers. The DOL had announced the program in the summer and accepted applications through Aug. 26.The DOL’s Women’s Bureau has... READ MORE

It’s not hard to find scary headlines about 401(k)s — seems as though every week you read how people aren’t saving enough, are worried that they aren’t saving enough, aren’t saving enough and aren’t worried that they aren’t saving enough… Then in the past couple of weeks, a new twist.First a... READ MORE

Providing pension benefits obviously means spending money — to build the plans and accounts and to administer them. It’s money well spent to beneficiaries and to employers, particularly if the plan enhances the latter’s ability to attract and retain qualified employees. But a recent paper argues... READ MORE

A new plan sponsor survey offers insights into the issues regarding retirement income adoption by workplace retirement plans. Service providers may find it instructive in seeking to better anticipate and meet plan needs. More than a third of 212 plan sponsor respondents (37%) agree that solvency... READ MORE

Preparing for retirement inevitably brings up questions of time: When will you retire? How long will your retirement last? How long do you have to prepare? Often we don’t take advantage of the time we have, and sometimes we don’t have the time we thought we would.It was just five years ago this... READ MORE

The generation that has rewritten societal rules at every stage of their life now looks to be redefining retirement as well.That, according to a new report, is by planning to work until an older age than previous generations: Two-thirds plan to or already are working past age 65 or do not plan to... READ MORE