The Assets: Retirement planning

Auto Enrollment May Become the Law for New 401(k)s

December 2, 2022No Comments

Secure 2.0 is still being hashed out, but it’s likely to include provisions that increase the number of plan sponsors that use auto enrollment. This would send more assets to target-date products.

Early Partakers Lose $182K in Social Security Benefits: Report

December 1, 2022No Comments

The vast majority of Americans should wait until the age of 70 to collect benefits, but only 10.2% do, according to a recent paper from the National Bureau of Economic Research.

Tech Hurdles, Price Keeping Guaranteed Income Options Off of 401(k) Menus

November 29, 2022No Comments

Plan participants want guaranteed income options, a survey finds. But certain barriers are preventing some recordkeepers from putting them on their platforms.

Tax-Law Changes Could Redraw RMD Strategies, Experts Say

November 29, 2022No Comments

Recent changes could force wealthier retirees to pull money faster from IRAs and result in higher taxes, so for some retirees pulling more money now could be beneficial and planning long-term is essential, retirement experts say.

Senators to Fidelity: Reconsider Bitcoin in 401(k)s in Light of FTX Collapse

November 22, 2022No Comments

In a letter to Fidelity CEO Abigail Johnson, Democratic senators says the implosion of the crypto exchange shows the prominence of “wunderkinds, opportunistic fraudsters and self-proclaimed investment advisors” in the crypto space.

Advisors Have a Growing Opportunity to Serve Clients During Retirement

November 21, 2022No Comments

“People are going to find themselves increasingly responsible for their own long-term financial well-being. There has never been a time when you’re needed more than now,” says Age Wave founder and CEO Ken Dychtwald.

Listening Is Critical to Helping Clients Identify and Achieve Goals

November 8, 2022No Comments

“The most important thing to do as an advisor is listen and ask really open-ended questions,” says Majdah AlQuhtani, founder of Altus Wealth Management.

Gen Z Latecomers to 401(k) Savings: Schwab

November 8, 2022No Comments

More than half of baby boomer, Gen X and millennial workers start investing through a 401(k) plan, but only 37% of Gen Z workers do, according to a recent survey.

Minimal Demand for ESG in 401(k)s: Study

November 7, 2022No Comments

Few participants invest in environmental, social and governance–themed options when they have the chance, and many do so simply for diversification, new research finds.

Home Office News: Morgan Stanley’s Bite-Sized Offering; RBC Targets Plan Sponsors; Schwab Adds Super-Cheap Shares to Menu

October 31, 2022No Comments

A roundup of key updates from major broker-dealers, registered investment advisors, custodians and other distributors.