Why haven’t 401(k) managed accounts gained more traction?

401k-150px

Retirement savers who get professional help with their 401(k) portfolios stand a good chance of seeing better outcomes than those who don’t. But that doesn’t mean plan sponsors or participants are rushing to adopt one-on-one advisory services. The U.S. Department of Labor gives defined contribution plan sponsors three options for a qualified default investment alternative […]

Young workers in target-date funds hit hard by market drop

Market-crash-150px

As the stock market has whipsawed for the past two weeks, young workers who have all their retirement funds tied up in long-range target-date funds may have been the hardest hit. The average 25-year-old fully invested in a 2060 target-date fund series saw a 10 percent decline in account value from the market’s recent peak […]

When life events intervene in your retirement plan

Clock-150x220

Financial plans typically assume a normal retirement age in the mid-60s or beyond, but life events have a way of intervening. Half of all retirees say they left the workforce earlier than planned, according to the 2015 Retirement Confidence Survey conducted by the Employee Benefit Research Institute. The key culprits include health problems or disability […]

Supreme Court 401(k) ruling latest shift in favor of retirement savers

Supreme-Court

Doing the right thing by retirement savers – could it be the new black? The U.S. Supreme Court ruled this week that employers have a duty to protect workers in their 401(k) plans from mutual funds that are too expensive or perform poorly. The landmark ruling – which was unanimous, sends a strong signal to […]

Retirement investors need patience as bond market wavers

calculator-150px

With bond markets in turmoil, what is a 401(k) investor to do? Probably not much. Retirement investors have enjoyed the best of both worlds these past two years: a bull market in both equities and bonds. But the bond market has been weathering volatility and sharp declines since late April, with prices falling and yields […]

Survey finds an unfounded rise in retirement confidence

Thumbs-up-150-px

Denial is the first emotional stage of grief – and that may be where Americans are at right now in their attitudes about retirement security. The 2015 edition of the longest-running national survey of retirement confidence, released today by the non-profit Employee Benefit Research Institute (EBRI), reveals a second consecutive annual jump in the percentage […]

Romney’s huge IRA makes a comeback in Obama retirement proposal

Romney-debate-150px

It was a memorable moment in the 2012 presidential race. In their October 16 debate, Defending his blind trust investments, Gov. Romney said: ROMNEY: Just going to make a point. Any investments I have over the last eight years have been managed by a blind trust. And I understand they do include investments outside the United […]

Thinking of an IRA rollver? Think twice

IRA-slider

John Turner wondered if he should roll over his federal government retirement account into an individual retirement account. So he called 15 IRA providers to get some guidance. That may sound like overkill, but Turner wasn’t really contemplating a rollover. He was calling IRA providers to test the truthfulness and value of their advice on […]

The trouble with financial literacy

reportcard-150-px

Financial literacy education is a mom-and-apple-pie proposition – who can be opposed to getting smarter about money? But I’m struck often by just how much the topic rings hollow as a solution to the retirement security crisis we’re facing. This week’s Reuters column looks at two recent studies touching on this topic. The American College of Financial […]

Pages: 1 2

How to navigate benefits if you’re working past age 65

Briefcase---guide

It’s no secret that Americans are working longer. But some are working well past traditional retirement age: the fastest-growing segment of the labor force is workers over age 65, according to the U.S. Bureau of Labor Statistics – and the growth is especially pronounced among workers over age 70. Working longer certainly can boost the […]