Search results for: retirement income calculator
Capital Group Piloting Benartzi’s PensionPlus Retirement Income Manager
The owner of American Funds adds PensionPlus to its TDF retirement series with goal of giving advisers a retirement paycheck calculator for plan sponsor clients.
Schwab Retirement Plan Services Partners With Newport, Conduent to Expand Capabilities
Schwab will offer increased services in nonqualified deferred compensation and defined benefit plans, highlighting a push toward large retirement plan sponsors.
T. Rowe Price Champions Co-Branding With Adviser Firms
T. Rowe's head of core market segments says co-branding on financial wellness and advice can increase lead generation.
2023 RPAY – 401k Plan Professionals
Business at a Glance as of 12/31/22 Plan assets under advisement: $1.2 billion Median plan size (in assets): $10 million Plans under administration: 125 Total participants served: 10,000...
2023 RPAY – Leah Sylvester and Shepherd Financial
Business at a Glance as of 12/31/22 Plan assets under advisement: $3 billion Median plan size (in assets): $4.5 million Plans under administration: 254 Total participants served: 51,432...
A Three-Step Plan for Employers to Encourage Financial Wellness
For April’s National Financial Capability Month, the head of retirement services at Corebridge Financial suggests understanding, engaging and taking action to help improve financial wellness.
Roundtable
What Participants Need
3 industry experts weigh in on how employers can help participants meet their retirement goals.
Just the facts
Just the Facts
Top of the Wish List As to possible resources employers could add to help their workers “pivot” into retirement, a guaranteed income product ranked first (67%) with employee...
Recent Proposals to Reform Social Security
The options to reform Social Security will have to become more dramatic the longer Congress waits.
Investment Service and Product Launches
California ABLE program selects Vestwell for disability savings; Embark launches automated investing platform; and more.
Financial Education Gap Remains Even as Provider Offerings Improve
Financial illiteracy may be costing the average American $1,819 per year, even as educational guidance and tools are advancing.
Research Shows Workers Favor Guaranteed Income Over Financial Wellness Tools
Almost half of respondents agreed annuities can offer safety and stability, though other research shows in-plan defined contribution annuities are not picking up among employers.
Trends
Miscalculated Longevity Risk
Americans’ projections about their own life expectancy often miss the mark, which can create problems as to at what rate they’ll be able to spend when planning their...
Retirement FinTech Startup Lilly to Push Credit Card Rewards to IRAs
Venture-capital backed startup Lilly Funds recently launched a savings app to ship cash rewards from purchases to retirement accounts.
Making Retirement Income Projections Useful
Plan participants need advisers to go beyond just awareness of their balance to thinking about that balance in the form of retirement income or an income stream.
Six Misconceptions About Social Security That Can Affect Participants
Not recognizing the impact of claiming benefits early – or the benefit of waiting – is essential.
Underestimating Longevity Risk
Americans’ projections about their own life expectancy often miss the mark, which can create problems in retirement.
MODERN INVESTMENT MENU / COVER STORY
Paving the Way
Approaches to adding income products into DC plan design—but not on the menu.
Advisers Can Assist Participants With Spending Safely in Retirement
With a new retirement withdrawal projection from J.P. Morgan, advisers have a tool to help participants gradually spend down accumulated balances.