A new lawsuit argues the practices used by the Teachers Investment and Annuity Association (TIAA) to credit portions of interest payments made by participants on loans taken from their own retirement accounts back to the firm—rather than to the borrowing participant—violate the Employee Retirement Income Security Act (ERISA).Read more >
People are more likely to agree with their spouse or partner on daily expenses than on retirement savings, a survey finds.Read more >
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Different scenarios mean investors may need to save 25% of income to achieve retirement goals due to low expected equity returns and longevity, a research report finds.Read more >
