Retirement planning

Kristen Pelling has joined Putnam Investments to fill a new role focused on large market defined contribution recordkeeping sales.

The number of tax-delinquent federal workers and retirees increased by 11.5 percent in 2011, according to Internal Revenue Service data.

Among the provisions of the new tax law is the introduction of in-plan Roth conversions for participants of employer-sponsored retirement plans. This provision may be especially valuable to high-income clients, according to Thomson Reuters.

A year after not-quite-closing the book on one retirement-related lawsuit, Fidelity Investments is once again fighting allegations that it improperly used customers’ money earned in overnight accounts to pay its own operating expenses, Reuters reports.

Ever since the Great Depression of the 1930s, Social Security has been a major source of retirement income, and will most likely continue being so for generations to come.

Survey respondents estimate they will need on average about $66,000 in annual income, significantly less than their current average income of $115,000.

The United States is far from the best country worldwide when it comes to retirement savings, according to an index based on data from sources including the World Bank and the United Nations.

J.P. Morgan Asset Management today launched the 2013 edition of its Guide to Retirement to help advisors with their retirement practices.

Bank of America Merrill Lynch released a new 401(k) report that shows that more employees are taking positive actions to save towards retirement, and financial advisors can have a direct impact on continuing that trend going forward.

Women are closing the gap in saving rates for retirement compared to their male counterparts, according to fourth quarter 2012 data for defined contribution plans administered by MassMutual.

What's State Street Global Advisor's next big destination for expanding its retirement business? 

More than eight in 10 Americans (84%) expect to see their dentist this year for regular cleanings while less than half (43%) plan to meet with their financial advisor to review their investment strategies.

The Insured Retirement Institute announced Wednesday that the IRI Marketing Summit was canceled due to winter storm Saturn.

Kiplinger, with the help of BrightScope, a retirement-program data collector that ranks 401(k) plans, has released its list of mutual fund studs and duds found in 401(k) and 403(b) plans.

Half of defined contribution participants still do not know how much they pay in fees and expenses—the same level as last year.

Word to the wise plan sponsor when it comes to target-date funds: No, not any QDIA will do, and bigger companies aren't always better.

Only 10% of Boomers have discussed the topic with their children and only 6% with their parents. Less than half (45%) have discussed it with their spouses and only 23% with their financial advisors.

LPL is launching a new online tool that it says will let its advisors offer offer better visibility to plan sponsors and the millions of LPL clients who are invested in 401(k)s.

A new LIMRA report found that younger generations of American consumers are not giving retirement the attention it deserves.

The Social Security System will be a significant source of retirement income for anyone over the age of 40. And it most likely will continue for decades, provided it gets tweaked and changed along the way. But that’s an important caveat. It needs to be changed.