Retirement Income

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

Much has been written about the need to increase participants’ retirement savings during their accumulation phase and help them better prepare for the decumulation phase after retiring. A recent paper argues that while there are challenges, the sky is far from falling — and in fact there is much... READ MORE

The Department of Labor’s Bureau of Labor Statistics (BLS) has released its latest report on employer compensation costs. The report, which concerns costs incurred in June 2016, shows that private-sector and state and local public-sector employers spent less on retirement benefits in June than they... READ MORE

A series of small and mid-sized employer focus groups finds a general skepticism regarding those state-run initiatives.The Pew Charitable Trusts recently convened focus groups to explore employers’ views on retirement programs and potential policy initiatives. Pew conducted focus groups in... 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

It can be really hard to make a prediction that comes true. Just ask pollsters and meteorologists. And that principle holds true regarding returns on retirement accounts and investments. Christopher Carosa in FiduciaryNews examines which is better when making retirement return projections: looking... READ MORE

An analysis of retirement plan contribution rates found that employees that improve their financial wellness score from four to six could potentially improve their retirement plan balance by more than 27%.According to Financial Finesse’s 2016 ROI Special Report, employees who suffer from... READ MORE

The IRS on Aug. 30 announced a significant relaxation in the restrictions that normally apply to plan loans and hardship distributions to Louisiana flood victims and members of their families.In Announcement 2016-30, the IRS says that the following individuals may be eligible to take advantage of... READ MORE