Portfolio

Clients should understand Medicare, Social Security and 401(k) changes that will impact on their retirement savings and income.

Average management fees will be cut 8% on an asset-weighted basis.

This recently passed bill is groundbreaking retirement legislation and will substantially alter the landscape for employer-sponsored retirement plans and individual savers.

Workers from both generations share similarities — and financial pressures — when planning for retirement, writes an expert.

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

To secure retirement for both spouses, married clients need to determine their savings rate in their 401(k)s and take advantage of the employer's match.

The additions came amid a revamping of the firm’s independent advisor compensation.

The change would affect seniors who converted traditional accounts to Roth and paid taxes for the benefit of their heirs.

Deferred taxation on these retirement products, in part, depends on how their distributions are made.

The 82-year-old company’s strategy has helped secure net inflows in all but one of the five years through 2018.