Employer Retirement Plan Rollovers Feed Traditional IRAs
And the owners of traditional IRAs rarely withdraw from their accounts, according to ICI data.
Tag: Rollover
Mass. State Securities Market Enforcers Target Scottrade for Sales Contests
The enforcement arm of the Massachusetts Securities Division of the Office of the Secretary of the Commonwealth alleges that Scotttrade violated the Massachusetts Uniform Securities Act and related regulations by leveraging sales contests that violated the expanded DOL fiduciary rule.
Results From Use of Auto Portability Product Released
Spencer Williams, from Retirement Clearinghouse, says the findings show the potential to preserve trillions of future retirement savings dollars for retirement plan participants through the widespread adoption of auto portability.
PANC2017: Improving Plan Design for Retiring Participants
Participants age 50 and older need more personalized advice, advisers say.
DCIIA Calls for More Robust Use of Automatic Features
The organization has issued a report analyzing what is working in DC plans and how the existing tools can be leveraged further.
DOL Secretary Urged to Review Auto-Portability
Lawmakers requested that the DOL issue an advisory opinion or other appropriate guidance regarding application of ERISA to auto-portability of retirement savings.
eMoney Enhancing Platform with Annuity Wizard
The eMoney Advisor platform will be updated with tools designed to help users suggest the right retirement products for clients based on their individual needs and preferences.
Reflections on Roth As Tax Debate Unfolds
Effectively managing income taxes over a lifetime requires a
careful balance of a person’s current tax burden with the need to achieve tax diversification for the unknown future.
Fiduciary Benchmarks Launches IRA Best Interest Determination Service
Fiduciary Benchmarks is planning to launch a series of
services in response to the DOL’s conflict of interest rule.
Eighty Percent of People Seek Advice When Doing a Rollover
Of this group, 58% obtain professional financial advice.
Most IRA Assets Flow From Employer Plans
A new study by the Center for Retirement Research explores the modern state of the individual retirement account and those who invest in it.
EBRI Calls for Auto Plan Portability
If workers could automatically roll their 401(k) plan over to a new employer, the Institute says this could generate an additional $2 trillion in retirement savings.
Americans Need More Info About IRAs
Many simply do not know enough about them.
Vanguard Recommends Plans Accommodate Retiring Workers
Allowing for partial withdrawals is among five tips the investment firm gives.
Recommendations Made to Support ERISA Account Consolidations
A report from the 2016 ERISA Advisory Council makes recommendations for facilitating auto-portability, communicating to participants about plan-to-plan transfers, and discussing the transfer of state-run retirement program accounts into ERISA plans.
Fiduciary Rule May Push Advisers Out of DC Business
As implementation of the DOL’s fiduciary rule approaches, advisers may have to choose between remaining in the DC business and pursuing traditional wealth management.
PCS Launches Rollover Tool to Comply with DOL Fiduciary Rule
The tool is designed to help advisers
seamlessly transition IRAs from commission status to fee based in order to
comply with the DOL’s Fiduciary Rule.
Efforts Needed to Reduce DC Plan Cashouts
Cashouts are the biggest portion of defined contribution retirement plan leakage, but what can be done?
ERISA Advisory Council Strongly Focused on DC Portability
Defined contribution plan participant experience expert
expresses real confidence in the industry’s ability to “solve the portability
problem.”
Clients Have More Time To Enact Tax-Free Rollovers
The IRS has eased the timeline for investors hoping to avoid
taxes and penalties while moving money plan-to-plan or to an individual retirement account.