Pensions

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

Secretary of Labor Eugene Scalia said retirement plans aren’t for “furthering social goals or policy objectives that are not in the financial interest of the plan.”

Taking advantage of catch-up contributions is one of several methods that can help them get back on track.

Similar products are stockpiling unprecedented levels of new cash as investors look to alternative assets for growth and income.

Clients who have yet to make withholding adjustments to cover their tax liability still have time to avoid the extra burden.

Those in the workforce will not owe taxes on rollovers to traditional retirement accounts, but will face consequences using the strategy with a Roth.

Buyout amounts are high right now, but there are many other factors to consider when guiding your client to the right choice.

Parents are advised to take advantage of charitable and nonprofit support programs when preparing for the future of a special needs child.

To correctly identify their risk tolerance, clients must not only understand how to react to risk, but also how the market environment and investment experience have impacted them.

Seniors are advised to combine multiple tax-deferred accounts, such as traditional IRAs and 401(k)s.