Pensions

With many private and public pensions in the red, clients are advised to look for options that will improve their prospects, such as Roth IRAs.

The funded ratio for defined benefit plans at Fortune 1,000 firms rose to 83% at the end of 2017, a new report says.

Investors are advised to do a Roth conversion before year-end to make the most of the federal tax deduction for state and local income taxes, which could disappear next year.

The strategy could provide lifelong cash flow by trimming longevity risk.

Many carriers offering long-term care coverage are experiencing financial woes and may no longer guarantee payments when clients need them.

Workers who withdraw from their 401(k) plan lose about 25% in compounded growth.

Proponents of defined-contribution plans envisioned them as supplements to defined benefit plans; they didn't anticipate that 401(k)s would largely replace pensions.

Some of the most significant financial planning changes advisers should consider when working with same-sex couples.

Some of the most significant financial planning changes advisers should consider when working with same-sex couples.

Clients who borrow from their company retirement plans can often get a good rate with no hassle. But if they miss payments, they might face nasty tax charges.