All information and tips for Employee coverage and retirement plan
By Linda KocoAnnuityNews
Insurance researcher Mathew Greenwald has some sobering news for advisors who rely only on financial engineering when they work on retirement planning with clients.
The retirement industry is a rational, mathematical business, but it also must factor in emotions when dealing with clients and helping them make retirement decisions, said Greenwald, who is president […]
As National Financial Literacy Month comes to a close, let’s keep with that spirit and illustrate the damage a cash-out today can have on tomorrow's retirement income.
While there has understandably been a great deal of media coverage about retirement savings and readiness, considerably less attention has been paid to one of the major dangers to […]
Dividing a 401(k) for a divorce settlement is less painful when you know about the plan and take the right steps that ensure both people are satisfied.A 401(k) plan is marital property, just like other possessions that need to be divided. Here are nine ways you can handle assets in the plan during a divorce:1. […]
The Associated Press | Secretary of Labor Thomas E. Perez said: “This boils down to a very simple concept: If someone is paid […]
There were 23,056 new 401(k) plans launched in 2013, almost 1,000 fewer than the year before, or a 5 percent decline, according to new data from Judy Diamond Associates.Still, that means 434,000 workers had new access to a workplace-provided, defined contribution plan. By year end, the new plans held $4 billion in assets.
Believe it or not there are many mistakes that can be made along the way when it comes to financial retirement savings and investing. Unfortunately a good many of these mistakes center around the 401(k), which can be a tremendous boost to your retirement plans when used properly in order to build your portfolio. The […]