Tag: Retirement Income

New York City has launched the New York City Retirement Security Study Group, a panel tasked with advancing private-sector retirement security solutions for city residents during 2015.

The GAO recommends that the Department of Labor require defined benefit plan sponsors to notify the agency when they offer lump-sum payment windows.

Individuals should consider the expense and usage of nonrecurring health care services, which increases with age, when planning for retirement.

A survey found those with a “savings plan with specific goals” reported more success in savings efforts.

The top financial concern among each generation is not having enough money in emergency savings, a new survey suggests, but for Generation X, not being able to retire...

Market performance is not the only indicator of retirement readiness, according to researchers at the University of Connecticut.

New LIMRA Secure Retirement Institute research suggests a formal written plan can make a big difference in creating a secure retirement through the defined contribution system.

Americans confess their greatest financial worry about retirement is high medical expenses, as revealed in a Bankrate.com survey.

A new report from Cerulli Associates notes that during the past year, robust equity markets decreased the value of pension liabilities, and resulted in improved funding levels for...

Lump-sum payments from Lockheed Martin’s defined benefit pension plan to certain former employees significantly reduced its pension benefit obligations—though not enough to offset a mortality-related increase.

A new retirement income investment option from Voya Financial and AllianceBernstein seeks to deliver a sustainable lifetime income strategy for participants in large 401(k) plans.

A hardy banking industry, strong health care services and solid economic performance have kept Switzerland’s retirement system at the top of Natixis’ 2015 Global Retirement Index.

John Hancock Retirement Plan Services (RPS) announced the promotion of Barbara Wilderman to regional vice president in the Southeast division.

Merrill Lynch Clear has announced the roll-out of products enabling clients to better prepare for and live comfortably in retirement.

The Center for American Progress contends millions of Americans are in danger of not having enough money to maintain their standard of living in retirement, and the problem...

An Ameriprise study polling the first wave of Baby Boomer retirees finds health and emotional preparedness are keys to a successful start to retirement.

The good news from a new TIAA-CREF survey is that Americans acknowledge the importance of a lifetime income plan. The bad news: few take action to create one.

The quest to help participants manage their assets after the accumulation phase continues.

Retirement specialist advisers should take a page from the pension plan playbook in helping DC clients overcome common misconceptions about retirement investing, says Rod Greenshields of Russell Investments.

Many older Americans are taking on debt at a time when they should be focused on savings and retirement investments, according to the Employee Benefit Research Institute.