Tag: retirement plan advice
ICMA-RC Creates Tools for One-on-One Meetings with Participants
They include calculators that show the impact of increasing contributions and a Roth analyzer, among other things.
Working With Financial Professionals Better Engages K-12 403(b) Participants
Educators who work with a financial professional exhibit more effective financial behaviors over time, have higher mean annual contributions, increase their contributions more frequently, and are more likely to monitor their account performance than those who do not, a survey finds.
Confidence in Retirement Planning Correlates With Higher Retirement Income
Individuals who have an adviser are more likely to be on track to create adequate retirement income—by a wide margin, a study by Empower found.
Home Depot 401(k) Plan Latest Targeted with ERISA Fiduciary Breach Lawsuit
Plaintiffs include in their complaint a substantial amount of backward-looking fund performance data to underpin their failure to monitor claims, comparing the Home Depot offerings to others that could have been purchased.
Small-Business Clients Will See Biggest Tax Impact on Retirement Plans
The net result of the Tax Cuts and Jobs Act is that many clients will have a lower effective tax rate, and this can have a direct impact on small pass-through business owners’ decisions about running retirement plans.