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Although designed to spur productivity, the Tax Cuts and Jobs Act could have the reverse effect.
May 22 -
Experts are expecting more companies to offer student loan assistance, but a lack of tax benefits could stall the growing popularity of this benefit.
May 21 -
The U.S. needs to maintain its fertility rate and keep its population growth steady to ensure Social Security's sustainability, says expert.
May 18 -
The number of clients owning taxable brokerage accounts has increased 10 percentage points over the past five years, while ownership of employer-sponsored plans remained unchanged.
May 16 -
Some are forced to retire early because of disability, layoff and health issues, while others fear that the program will reduce future benefit payouts as a result of its financial woes.
May 15 -
This debt “can hurt their ability to take on long-term financial planning because they are concerned with reaching a zero point,” says one therapist.
May 11 -
Mutual fund costs have fallen to 48 basis points in 2016 from 77 basis points in 2000 for plan participants, according to data from Investment Company Institute.
May 10 -
For some couples, the fact that they have been drifting apart could be masked by the attention devoted to their careers or raising a family.
May 8 -
One strategy includes encouraging clients to wait until the age of 70 to start collecting Social Security benefits.
May 8 -
Whether the husband takes reduced benefits has no impact on the spousal rate, although it could effect potential widow's benefits, according to a Social Security expert.
May 7