401(k)

Retirement plans that shift the approach away from the traditional can reap the rewards, according to experts in an EBRI webinar.

With prospects for major tax hikes in the rear view (for now), it’s the time to blueprint ways to reduce clients’ taxable income for ‘22.

Lawmakers want annuities in Americans’ retirement plans in reintroduced legislation.

The strategy provides an alternate course to clients claiming their monthly checks as soon as they leave their jobs, experts say.

Despite uncertainty over potential tax increases, there are still some valuable tax-planning moves for the final days of this year.

With Senate tax writers in agreement with the House to ban the favored tax-free strategy, wealth advisors have a narrow window to make moves.

The service lifted the limit from $19,500 as part of its annual inflation adjustments.

The proposed law would ban all IRAs, regardless of size or owner’s income, from holding unconventional assets like stakes in private companies, real estate and startups.

Plan participants gave firms low marks in fundamental areas, though some performed better than others.

As more and more employees gear up to leave their jobs in a post-pandemic hiring frenzy, economists fear the issue will only get worse.

The number of accounts with balances of at least $1 million grew 84% year over year, while the number of seven-figure IRAs jumped more than 64%.

Advisors share a tax trick that allows professionals to build seven-figure retirement plans.

14.8 million participants switch employers every year — and 33% of workers have stranded a 401(k) savings account in a former employer’s plan at least once.

Employees often ignore their 401(k)s when they change jobs, leaving valuable assets behind.

Using RMDs to pay the taxes due on a rollover can ease the psychological pain of forking over money to the IRS.

This company released a corporate report card so employees know what their retirement investments are going toward — and whether or not it lines up with their own values.

A new TIGTA report warns, however, that many didn’t follow the rules and could face potential tax penalties.

Bankrate looks at data sets that would apply to retiree life, including cost of living index, property and sales tax rates, and the Gallup-ShareCare Wellbeing Index.

Blindly following the decades-old industry guideline is dangerous; tapping into 401(k)s if needed while delaying Social Security is smart.

The vision is to democratize “high-quality, personalized advice at scale, just as the independent advisor has disrupted wealth management,” the companies said in a statement.