Milken Institute Research Explores Federal Accounts for Newborns
The “Invest in America” accounts would provide all U.S. children with a federal government-funded $1,000 grant to be invested and...
Tag: retirement savings
Should US Consider $1,000 Newborn Seed Accounts?
Leading economists pitched the idea of a universal kick-starter investment account at an Aspen Institute financial security event.
How Americans’ Health Care Costs Affect Their Work and Savings
Two out of every five Americans are postponing health care needs due to cost concerns, according to a survey commissioned...
Why Defining Plan Goals is Key to Success
Plan sponsors should articulate organizational objectives to derive optimal benefits from workplace financial wellness initiatives, say experts during a PLANSPONSOR...
Labor Economist Takes Aim at ‘Working-Longer’ Culture
Teresa Ghilarducci discusses why her new book pushes back on working in old age as an answer to retirement insecurity.
Advisory M&A News – 11/20/23
Wealth Enhancement adds two New York-based RIA firms; Bitcoin IRA acquires Shrimpy.io; UBS snags Merrill wealth advisory.
Morningstar, Envestnet Partner on Personalized IRAs Targeting All Balance Sizes
The managed accounts service will be powered by fintech IRALogix and is aimed at IRA holders without an adviser.
As Many Retirees Plan to Work for Fulfillment as for Money, Empower Finds
Personalized advisement remains key for working retirees no matter their circumstances, says a financial adviser with the recordkeeper.
US Retirement Assets Rise for 4th Straight Quarter Through Q2
Defined contribution plans grew at a rate of 12% to $10.2 trillion, according to ICI, even as separate Escalent research...
As Health Costs Dominate Budgets, HSAs Continue to Emerge as Retirement Saving Vehicles
Expert says the marketplace has approximately 36 million HSAs, housing more than $100 billion in assets.
Investors Nearing Retirement Seek Strong Support and Brand Familiarity, Cerulli Reports
Latest research found 45% of investors prefer an adviser affiliated with a national firm when they are nearing retirement.
American Airlines ESG Lawsuit May Move Ahead, According to Court Filing
A judge overseeing the complaint brought by a former pilot has set a potential trial date; the airline has said...
NYC Pension Funds File to Dismiss ESG-Related Lawsuit
Attorneys are seeking to dismiss allegations that retirement funds were jeopardized due to divestment from securities of fossil fuel companies....
US Retirement Assets Grow to $35.4 Trillion in Q1
Retirement assets accounted for 31% of all household financial assets at the end of March 2023, according to ICI.
Benefits Aggregator Hub Adds In-House HSA
The proprietary health savings account will put participant savings into Hub-selected investment funds.
24% of Participants May Cut 401(k) Contributions
Nationwide Retirement Institute recommends that advisers and recordkeepers work to help participants maintain their financial futures.
Can Employers Help Americans Struggling to Save Amid Inflation?
More than 20% of U.S. workers made reported borrowing from their retirement savings in 2022, according to FinFit.
Disability-Affected Individuals Need Better Retirement Preparation
Among disability-affected retirees, 61% said they did not save enough for retirement, and a new EBRI report lays out ways...
Is the HSA a Health or a Retirement Savings Benefit?
Panelists at the PLANADVISER/PLANSPONSOR HSA Conference discussed how to position the HSA to get the most out of the benefit...
