Blog Archives

CAMPUS EMPLOYEES AND RETIREMENT

“A majority of professors fear they could outlive their retirement savings, while administrative employees are more concerned about shorter-term issues: paying off debt and meeting their monthly household expenses,” writes Doug Lederman in an insidehighered.com piece headlined The State of

Posted in 401k, Do You Know, Retirement Plans, Retirement Reality, Risk and Rewards Tagged with: ,

RETIREMENT CONFIDENCE- UP

“Seventy-eight percent of investors think they will have enough money to maintain the lifestyle they want in retirement, up from 69% in 2014, “ writes Lee Barney in a plansponsor.com piece, citing the Wells Fargo/Gallop Investor and Retirement Optimism Index.

Posted in 401k, Boomer Retirement, Company Retirement Plans, Money and Aging, Pension Parameters, Planning for Longevity, Retirement Plans, Retirement Reality Tagged with:

ARE 401(k) PLANS ENOUGH FOR RETIREMENT?

ARE 401(k) PLANS ENOUGH FOR RETIREMENT? For many, a recent study suggests, maybe not. “Defined contribution plans may not be enough for American retirement investors, according to a new survey,” writes Christopher Robbins in a fa-mag.com piece. “Investopedia released research

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RETIREMENT PREPAREDNESS

“While most Americans realize retirement will be the biggest purchase of their lifetime—costing 2.5 times the cost of an average home—81% say they do not know how much money they will need to fund their retirement,” writes Rebecca Moore in

Posted in 401k, Asset Allocation, Do You Know, IRA, Money and Aging, Retirement Plans, Retirement Reality, Risk and Rewards Tagged with:

THE TRUMP ADMINISTRATION AND RETIREMENT

“Lost in the flurry of [Trump Administration] activity is the pressing question of how to deal with the American retirement crisis,” writes Suzanne Woolley in a bloomberg.com piece. “The median working-age family had $5,000 saved for retirement in 2013, according

Posted in 401k, Boomer Retirement, News, Planning for Longevity, Retirement Plans, Retirement Reality, Risk and Rewards Tagged with:

401(k) ROLLOVER CONSIDERATIONS

“A recent survey report released by The American College of Financial Services provides some useful insight into client behavior during a rollover,” writes Jamie Hopkins in an excellent investmentnews.com piece. “The ‘Defined Contribution Rollover Survey’ asked recent retirees who retired

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AMERICANS & RETIREMENT SAVINGS

“Fifty-one percent of Americans worry about their financial situation and only 37% are confident they are track for a comfortable retirement,” writes Lee Barney in a plansponsor.com piece, citing the 2016 EY Financial Wellness Assessment, based on a survey of

Posted in 401k, Money and Aging, Planning for Longevity, Retirement Plans, Retirement Reality Tagged with:

Retirement Proposals for Trump Administration

Retirement policy for the incoming Administration is still an open question, but there are a number of proposals being floated. In a plansponsor.com piece, Rebecca Moore writes that “some discussion topics during president-elect Donald Trump’s campaign included tax reform, jobs,

Posted in 401k, Pension Parameters, Retirement Plans, ROTH Tagged with:

IRS Announces 2017 Pension Plan Limitations; 401(k) Contribution Limit Remains Unchanged at $18,000 for 2017

WASHINGTON — The Internal Revenue Service announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2017. The IRS issued technical guidance detailing these items in Notice 2016-62. Highlights of changes for 2017 The

Posted in 401k, Retirement Plans, Tax deductible, Tax Planning and Deductions

EXPERT RETIREMENT STRATEGIES

“What strategies does a retirement expert employ for his personal use? I bet you could learn a thing or two from a professional who has studied retirement all his life and is now in his early 60s, planning for his

Posted in 401k, Boomer Retirement, Money and Aging, Planning for Longevity, Retirement Plans