PLANADVISER Weekend Newsdash
Week ending August 5th, 2016
NOTE FROM THE EDITOR
Happy Friday, readers! In a recent conversation with PLANADVISER, one provider executive suggested she is “very optimistic about our industry’s chances of solving the DC retirement income question, but we’re only in the infancy of this effort.” The Department of Labor fiduciary rule will shape more than delay progress on improving individual retirement accounts and access to annuities, she speculates. In that spirit, collected below is a handful of articles on the best ways to use IRAs to shape and control retirement spending for clients.
Editor's choice
Spending Rates in Retirement Are Modest
When Vanguard first started its research on retirement spending, it assumed, as many financial planners do, that retirees look at all assets in all accounts and make a plan to draw down from all accounts. However, the research found four cornerstone accounts—DC plans, IRAs, mutual funds and brokerage accounts—are prized as long-term holdings. Read more >
Plan Participants Need Understanding of Roth Accounts
Many U.S. employers are missing out on an opportunity to help employees with their financial well-being by not offering or fully explaining and promoting the benefits and value of Roth 401(k) contributions, according to retirement experts at Willis Towers Watson. Retirement plan advisers can help them. Read more >
Clear Link Between Traditional IRAs and Rollovers
According to ICI data, at year-end 2014, nearly a third of Roth IRA investors were younger than 40, compared with just 15% of traditional IRA investors. There are significant differences between traditional and Roth IRA investors, yet both vehicles provide savers with important flexibility in their retirement savings options. Read more >
Rollovers Under the Fiduciary Rule
The new DOL fiduciary rule, which applies starting April 10, 2017, does allow you to provide distribution or rollover advice; however, there are special requirements for doing that. The first thing to consider is, what exactly constitutes fiduciary “advice” in this context. Read more >
Income Planning Requires Annuity Know-How
Two in three older advisory clients are seeking help with income planning, but only one-third of financial professionals actively advise about indexed annuities. Read more >
MOST POPULAR STORIES
John Hancock Reveals Stable Value Guaranteed Income Fund

The Stable Value Guaranteed Income Fund can be a valuable option for the conservative portion of anyone’s portfolio, says Patrick Murphy, CEO, John Hancock Retirement.

Senator Introduces Bill to Encourage Faster Student Debt Payoff

HELPER Act would allow Americans to annually take up to $5,250 from a 401(k), 403(b), 457 plan or IRA—tax and penalty free—to pay for college or pay back student loans.

What Advisers Should Know About GDPR

While the GDPR does not directly address U.S. benefit plans, it should be of particular interest to defined contribution plan sponsors and their service providers because they hold personal information for each plan participant.

Ideas for a QDIA Design That Will Better Serve Participants Ready to Retire

Jason Shapiro notes that some DC plan participants may stay in their plan after retirement and rely on TDFs’ asset allocation for retirement income for possibly 30 years or even more.

The Positive Impact of Claiming Social Security Later

The Center for Retirement Research says the reduction for claiming early is currently too large while the increase for claiming late is about right.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

Subscribe to Adviserdash, click here.
To unsubscribe, click here.
BrightScope / CIO / FWW / Global Custodian / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund / The Trade