Retirement

The oldest borrowers hold the fastest-growing piece of the U.S.’s $1.7 trillion student-loan pile.

“It will dramatically expand the number of advisors who will be fiduciaries under ERISA,” says one expert.

Many White Americans are retiring because they can afford to, while Black Americans are forced to stop working by health problems or a disability.

About 76% of the average account was in stocks across the 4.7 million participants in plans that Vanguard keeps records for.

With the burden on participants to figure it all out, it's no surprise that more often than not, they just give up, Alexis Leondis writes.

“Financial wellness is front and center [for employers], so the partnership between Betterment and Lumity made perfect sense,” says Amit Ahluwalia, Lumity’s national employee benefits practice leader.

Make female executives and heiresses feel dumb about personal finance and they’ll take their portfolios elsewhere.

Retiring before the full retirement age can result in a cut in Social Security benefits by as much as 30%, research shows.

While after-tax funds in employer-sponsored plans are tracked by plan administrators, clients are on their own with traditional IRAs, Jeffrey Levine writes.

"Many times it’s actually small, systematic behavioral changes in strategies that lead to sustainable, meaningful changes in outcomes," writes Michael Liersch.

Almost nine in 10 estate planners say women clients either lost their jobs, had their salaries cut or left the workforce during the pandemic, a study shows.

When the millions left unemployed due to COVID-19 return to work, research suggests they will cash out of their former employers’ plans, Spencer Williams writes.

"The successful long-term players have the long-term tech driven trends right, and COVID just accelerated and magnified the trends," an expert says.

With class actions up for appeal and a daunting process facing some ex-servicemembers, the Biden administration faces tests of its commitment to equality.

While the worries are all valid, they don’t mean the approach has suddenly become financial suicide overnight, writes Emily Cadman.

For accountants and tax professionals working with clients age 50 and older, there are certain tax perks to recommend that could help boost savings for the future.

In a panel discussion, three financial advisors explained why the products are often misunderstood and how to assist clients in evaluating their policies.

The Connecticut Democrat has introduced comprehensive legislation in each Congress since 2014. What are its prospects in this session?

Pulling the costs directly out of clients’ IRAs can blunt the sting, but it shrinks the pot of tax-deferred retirement assets.