Retirement planning

Lincoln Financial Group unveiled Lincoln InStep, an educational program for retirement plan participants designed to raise advisors awareness of products, services and strategies to help defined benefit contributors maximize their retirement savings investments.

Nearly 150 hand-picked and already highly successful Bank of America Merrill Lynch financial advisers next month will embark on what amounts to defined contribution retirement training boot camp at The Retirement Advisor University (TRAU) in pursuit of a Certified 401(k) Professional designation to further their DC expertise and differentiate themselves from other practitioners.

A perfect storm of eroding Social Security trust funds, high unemployment and a flood of Baby Boomers all hitting retirement age at the same time will put enormous strain on Social Security for the next two decades, forcing retirees and their advisers to come up with alternative retirement income plans and strategies to make ends meet.

More workers are delaying retirement, according to The Conference Board.

According to the 12th Annual survey from the Transamerica Center for Retirement Studies released on Tuesday, a substantial number of Americans are unprepared for retirement and many do not have a backup plan if they are forced into retirement earlier than planned.

Deciding what do to with an old 401(k) or other workplace retirement plan may not seem complicated, but a surprising number of participants do not understand which options are available to them, according to a survey by Fidelity Investments.

If financial advisors really want to increase the likelihood that their clients will commit to and execute on the retirement savings plans they've devised, they should ask less questions, use lots of simple visual aids and talk to them like eight-year-old children.

Fidelity gives investors side-by-side comparisons of options available to them when switching jobs.

A perfect storm of eroding Social Security trust funds, high unemployment and a flood of Baby Boomers all hitting retirement age at the same time will put enormous strain on Social Security for the next two decades, forcing retirees and their advisers to come up with alternative retirement income plans and strategies to make ends meet.

A perfect storm combination of eroding social security trust funds, high unemployment and a flood of Baby Boomers all hitting retirement age at the same time will put enormous strain on the system for the next two decades and result force retirees and their advisors to come up with alternative retirement income plans and strategies to make ends meet.

Because seniors are living longer, they are more concerned than ever about inflation, interest rates and rising healthcare costs, a survey by the Society of Actuaries found.

Unless automatic enrollment in 401(k)s and other defined contribution plans becomes universal and savings deferral rates increase substantially, people are going to have significant shortfalls in their retirement nest eggs.

Nearly 150 hand-picked and already highly successful Bank of America Merrill Lynch financial advisors next month will embark on what amounts to retirement training boot camp at The Retirement Advisor University (TRAU) in pursuit of a Certified 401(k) Professional designation to further their defined-contributions expertise and differentiate themselves from other DC practitioners.

The previous minimum was $3,000 for eleven of the twelve funds in the series.

The new balance represents an increase of almost 12% from a year ago, and a 58% jump from the same period in 2009.

With the ongoing probes as to how the Dodd-Frank Wall Street Reform and Consumer Protection Act could affect the financial marketplace, Riverside Risk Advisors executives are predicting new margin rules in the derivative sector will have significant impact on pension plan investment transactions.

At time when more Americans than ever are petrified they won't have enough set aside for retirement, a new LIMRA survey suggests that peace of mind could be just a phone call away.

This week, Ed dissects beneficiary designations and transfers from a 401(k) Roth.

At time when more Americans than ever are petrified they won't have enough set aside for retirement, a new LIMRA survey suggests that peace of mind could be just a phone call away.

With more and more pension plans exiting their domestic equity commitments for a sustainable crutch, plan sponsors stated in a new study that many are looking to long-duration bond vehicles to backup their liability needs.