(Bloomberg) -- A decade ago, the U.S. Congress said companies could tweak retirement plans to get a lot more workers to save. The 2006 Pension Protection Act made clear that employers were allowed to automatically sign up employees for a 401...
(Bloomberg) -- It's "the first Apple Watch app for retirement planning." That's how Empower Retirement, the financial services company that administers 401(k) savings plans for more than 8.1 million participants in the U.S...
The U.S. Census Bureau estimates that by 2050, 20 percent of the U.S. population will be 65 or over. In 2010, the United States had 5.8 million seniors over the age of 85. By 2050, this number will skyrocket to 19 million...
(Bloomberg) -- Over the past decade, Americans got a crash course in money management. The financial crisis and the great recession offered a ton of lessons—the dangers of debt being a big one—while making it impossible to ignore...
(Bloomberg) -- Retirement can seem like an abstract idea until we're alarmingly close to it. It's a little like dying—inevitable, but who wants to think about it. For that reason, many of us put off important moves that could...
On reaching retirement, several of your clients might have a defined benefit pension plan from which to draw. Often, a client can choose between transferring a lump sum amount to an IRA or taking periodic payments over a certain period of time...
(Bloomberg) -- The new chief executive officer of the California Public Employees’ Retirement System said the largest U.S. pension fund may look to add more investments in private equity and real estate to increase returns and close its...
(Bloomberg) -- Baby boomers started turning 65 in 2011, marking the unofficial beginning of their retirement years. The timing could not have been better for older boomers, who are already part of the wealthiest generation in U.S. history...
