One option is through a profit sharing plan that invests the money in an annuity once a participant retires.
Principal Milestones, which includes iGrad’s Enrich financial wellness program, helps participants access comprehensive financial education resources all in one place.
MassMutual debuts RetireSMART TDF series with J.P. Morgan glide paths; Delta Data launches proprietary product manager; and AXA doubles down on SRI/ESG integration.
INSIDE THE MAGAZINE PLANADVISER July/August 2018
Eighty-four percent of intermediaries expect sales of financial wellness programs will expand in the next three to five years, Prudential found.
While college savings and student loan debt aren’t typically an area of focus for retirement plan advisers, new survey data suggests a few simple reminders can be a big help to clients; this is especially true when it comes to filling out the Free Application for Federal Student Aid.
An online chat feature to answer retirement plan administrative questions will be launched this fall.
MassMutual has issued a white paper outlining all considerations for defined benefit plan sponsors considering a pension risk transfer.
A Maryland business owner will serve one year and one day of imprisonment and pay more than $350,000 in restitution for violations of the Employee Retirement Income Security Act.
Diminished liquidity in global bond markets is fueling demand for fixed income exchange-traded funds.
Saving practices tend to vary based on the investor’s age.
Democratic Senator Patty Murray says her bill would be a strong first step toward addressing some of the key hurdles facing women as they save for retirement in defined contribution plans; there are also proposed protections for part time workers and lower income individuals.
The lawsuit seems keenly aware of the poor record other such complaints have had in federal court since the crucial Supreme Court ruling in Fifth-Third vs. Dudenhoeffer—focusing its arguments more on the imprudent concentration of employer stock as opposed to inflated valuations.
On the majority of trading days, fixed-income funds led, according to the Alight Solutions 401(k) Index.
Many respondents to a Prudential Financial survey are misjudging how well-off they are.