The potential legal advantages of keeping a portion of your net worth in a retirement plan are extremely compelling, regardless of your age.

Real estate, not stocks, are American's top long-term investment, men ask for financial help more than women and millennials like global stocks more than boomers.

Chuck Bundrant is the founder and majority owner of Trident Seafoods.

Retirement benefits—including employer contributions to pensions, 401(k)s and retiree health-care benefits—fell from 9.1 percent of worker pay in 2001 to 6.8 percent in 2015.

The U.S. score is 72 out of 100, which puts it right below Belgium and the Czech Republic and just above the United Kingdom and France.

Madoff's Ponzi scheme had a huge impact on the advisory industry, writing down a retirement plan increases the chances of follow-through, and millennials care about their financial future.

Doing so resulted in the loss of deduction and a hefty penalty for a taxpayer.