Special Planning Needed for Health Costs in RetirementIndividuals should
consider the expense and usage of non-recurring health care services, which
increases with age, when planning for retirement.Read more > |
A Plan with Specific Goals Helps Savings EffortsA survey found those
with a “savings plan with specific goals” reported more success in savings
efforts.Read more > |
Automation Trends Going Strong in DC PlansAdvice has taken on
new dimensions in the retirement space, according to Cerulli Associates, and is
often implemented automatically and without requiring input from the recipient.Read more > |
Who Has a Realistic View of Retirement Readiness?A study examines the
factors that make individuals optimistic about their preparedness for
retirement despite having inadequate resources.Read more > |
Retirement Readiness Not Just About MoneyAssets held at
retirement are not the only indicator of retirement readiness, according to
researchers at the University of Connecticut.Read more > |
Pushback and Applause for Fiduciary RemarksPresident Barack Obama said he expects
opposition from special interest groups to the pending fiduciary rule, even
though specifics of the rulemaking have not yet been disclosed.Read more > |
Obama Weighs In on Fiduciary RuleThe Obama Administration published an outline of
remarks that the president delivered to the AARP, in which he argues financial
advisers are subject to serious conflicts of interest that hurt millions of
working and middle class families.Read more > |
Recordkeepers Not Meeting Statement Requirements“We
sponsor an Employee Retirement Income Security Act (ERISA) 403(b) plan with
four different recordkeepers. Two of the vendors include vested benefit
information, as required, on their participant statements, while two are unable
to do so. What is the consequence of this failure on the part of two of our
recordkeepers? Must we as a plan sponsor furnish such information separately?”Read more > |
