|
Some Retirement Planning Calculators LackingHealthView’s research
indicates that current income replacement ratio-based calculators fail to
suggest sufficient income for retirees to afford quality health care and
maintain their planned standard of living in retirement.Read more > |
Millennials Rely on Guesswork for Retirement PlanningNearly one in five
U.S. Millennials surveyed by BNY Mellon say they receive no financial
information from their workplace or educational establishment, and nearly half
admit to relying on a blind guess to estimate what they’ll need for a
retirement fund.Read more > |
Underestimating a Common Problem for Retirement SaversCPA financial planners
said 54% of their clients underestimated the total funds needed to retire, with
57% lowballing their potential expenses in retirement, according to the
American Institute of Certified Public Accountants (AICPA) Personal Financial
Planning (PFP) Trends Survey.Read more > |
Americans Misjudge Savings Needed for RetirementAmericans have some
wrong ideas about how much they need to save for retirement, according to a
survey conducted by Morning Consult and released by the Financial Services
Roundtable (FSR).Read more > |
Insurers Prepping for Interest Rate ChangesThe effect of interest
rate movements on insurers’ portfolios has implications for retirement plan
investments.Read more > |
Novant Health Agrees to Settle Excessive Fee SuitA settlement agreement has been filed in the
U.S. District Court for the Middle District of North Carolina in a case against
Novant Health over excessive fees and other fiduciary violations in the administration
of its retirement plans.Read more > |
New Excuses for Calling Out of WorkThe annual CareerBuilder survey offers more
memorable excuses employers have heard for workplace absences.Read more > |
| David Levine and David
Powell, with Groom Law Group, and Michael A. Webb, vice
president, Retirement Plan Services, Cammack Retirement Group, will field your questions
concerning 403(b) plans and regulations. Send them to rmoore@assetinternational.com with Subject: Ask the Experts. Answers may be
printed in future (b)lines. This feature is to provide general
information only, does not constitute legal advice, and cannot be used or
substituted for legal or tax advice. |
