Target date funds

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.

The Labor Department is poised to release a rule that would make it easier for small businesses to establish a multi-employer 401(k) plan for their workers.

Target-date funds can help risk-averse young clients ease into investing.

The firm expects shareholders will save an estimated $3.2 million, annually.

With the reductions, nearly all of the firm’s index funds will have total net expenses lower than comparable Vanguard products.

All 20 funds posted losses over the last year.

Clients are advised to diversify their tax positioning when investing for retirement, one expert says. This can be done by contributing to three buckets: taxable, IRA (pretax) and Roth (posttax).

Millennials are using TDFs more than others. Digital firms are paying attention.

This period allows seniors to be more strategic about generating income from their portfolio and minimizing taxes.

When leaving heirlooms and other illiquid assets to loved ones, seniors should allow the heirs to inherit the items instead of liquidating them