Nuts & Bolts: Creating a Tax-Efficient Retirement Income Strategy
Shawn Plummer, a benefits expert who has trained financial advisers, breaks down the key elements of guiding participants toward tax-advantaged...
Tag: Retirement Income
Product & Service Launches – 4/18/24
Durham to assist financial advisers with retirement income planning; Summit Financial bolsters private market investment platform amid demand; inVesti launches...
Two-thirds of ‘Peak Age’ Boomers Face Retirement Risk
Boomers who will turn 65 between 2024 and 2030 are not set up to maintain their current lifestyle, according to...
Evaluating a Retirement Income ‘Easy Button’
Morningstar researchers delve into the promise, and difficulties, of target-date series investment options with annuities.
LeafHouse, iJoin and ARS Launch Managed Account With Lifetime Income TDF
Automated, personalized advice will include State Street income builder target-date funds to incorporate lifetime income options.
‘Magic Number’ for Retirement Hits All-Time High
Northwestern Mutual finds Americans now target $1.46 million for retirement, while a separate Lincoln Financial study shows inflation as consumers’...
Merrill Advisers Offering BofA Clients Retirement Income Management
Bank of America’s Merrill division announced income-focused portfolios for retirees using tactics including “stable income” investing and recurring distributions.
Empower Announces Suite of Guaranteed Income Solutions For Retirement Plans
Empower plans to distribute the four new offerings through advisers and consultants.
Most Americans Expect to Live Longer, Still Retire Around 67
Research from Corebridge and the Longevity Project find half of Americans want to live to 100, even as financial anxieties...
Why Advisers Should Think of Social Security as a Fixed Asset Class
A retirement plan adviser is pushing the industry to consider Social Security’s place as a fixed asset for U.S. workers—and...
Toland, Finke to Launch Income Planning Tool to Visualize Withdrawal Options
Retirement and annuity experts created IncomePath, which can include an assessment of annuity options in a saver’s retirement income plan.
TIAA’s RetirePlus In-Plan Income Option Reaches $30B
Assets jump on demand for guaranteed lifetime income; meanwhile, NAPA announces retirement income certificate program for advisers.
401(k) World: The Piggy Bank
The first story in a new quarterly series, PLANADVISER In-Depth, considers the tax code that underpins America’s pension system and...
Product & Service Launches – 2/15/24
CAPTRUST joins list of advisories partnering with Pontera on 401(k) management tool; F&G Annuities & Life launches RILA; and iCapital...
Consultants Advise Plan Fiduciaries to Vet DC Annuity Offers
A proliferation of retirement income annuity offerings has ARC consultants citing ‘cause to question’ language that requires assessing annuity offerings...
Product Partnerships – 2/7/24
Pacific Life annuity available on Fidelity participant platform; Steward Partners adds Pontera 401(k) management services; Elements partners on free client...
Are Managed Accounts Good for Less Wealthy Retirees?
Industry experts discuss the benefits and disadvantages of managed accounts for those near or in retirement who may not be...
3 Cs Give Many Plan Sponsors Pause on In-Plan Retirement Income
A Greenwald study finds plan sponsors often in favor of retirement income, but seeking solves for complexity, cost and choice.
Product & Service Launches – 1/25/24
Prudential announces Fidelity-related SimplyIncome annuity solution; Betterment launches small business student loan 401(k) matching program; Corebridge brings multi-year guaranteed annuity...
Fidelity Goes National With 401(k)-to-Income Annuity Offering
Fidelity’s Guaranteed Income Direct gives participants the option of converting some or all of their retirement savings into a monthly...