Employers Offer Broad Range of Jobs to Older Workers—But With Lower Pay
These opportunities also do not tend to offer benefits.
In Practice
Sign-up Here for the 2021 Top 100 Retirement Plan Adviser Process
Individuals and teams interested in being considered for PLANADVISER’s 2021 Top 100 Retirement Plan Adviser designation should complete our short registration form by Wednesday, September 9. This first...
More Employees are Taking Coronavirus-Related Distributions
The move comes even as an American Consumer Credit Counseling (ACCC) report finds more workers are increasingly confident in their employment stability.
New Entrants, Disruptors Could Shake Up the Financial Planning Industry
Fewer advisers expect traditional financial professionals to encroach on their territory, Natixis finds.
Financial Wellness Programs Can Ease COVID-19 Tensions
As the coronavirus pandemic continues to lead to an increase in financial concerns, a Retirement Advisor Council guide suggests key financial well-being strategies.
More Teachers Are Leaving the Workforce
Many are considering early retirement or reducing their retirement savings.
Having Both a 401(k) and an IRA Leads to Higher Retirement Savings
The ratio of the combined 401(k) and IRA balance to the average 401(k) plan balance was 2.48.
GAO Finds Women Anxious About Retirement Security
It reports one of the big issues is that women are overrepresented in low wage professions.
Trump’s Payroll Tax Deferral Raises Concerns on Social Security
The Treasury Department has yet to deliver formal guidance on the deferment.
Remote Meetings May Continue Indefinitely, In Part, for Advisers
One silver lining in the coronavirus pandemic has been a rethink of the need for certain business travel; many who...
Nearly Two-Thirds of Americans Don’t Have Emergency Savings to Last Six Months
More than half of Americans are earning half or less than half of their pre-pandemic income, and 31% have lost their entire income, a FlexJobs and Prudential survey...
Retirement Investors Saw Record Rebound in Q2
Fidelity reports that the average 401(k) plan balance was up 14% between the start of April and the end of June.
Unemployed Older Workers at Risk of Involuntary Retirement
Retirement Equity Lab says if these exits continue, they will increase old-age poverty and worsen the recession.
Edward Jones and Age Wave Examine New Retirement Concerns
Financial advisers have a large impact on how confident older workers are during retirement.
‘Super Savers’ Remain Confident Despite COVID-19 Market Volatility
But those who fall short on saving are experiencing financial stress.
Employees Need HSA Education, Especially Now
Education is vital for all benefits, and especially now for health insurance coverage, says Fidelity Investments.
EBRI Shows Risk in Taking CRDs and Loans
One scenario in the study predicts a 54% reduction in retirement account balances if a participant were to fail to repay a coronavirus-related distribution.
As Pandemic Rolls On, Some Employers Reinstate Matches
Though their business environments have not returned to normal, some employers that had made changes to their retirement plan match are beginning to revisit this decision.
Working Generations Are Uncertain about Social Security
However, Millennials and Gen Xers are open to working with financial advisers to learn more and maximize benefits.
Should Advisers Bother With Pension Plans?
Most in the retirement planning industry agree that defined contribution is the future. But what opportunities are there for advisers...