June 11, 2019
Sometimes, against all expectations, the US Congress can actually pass big and important legislation. That’s certainly true of a sweeping new retirement savings bill that has passed the House with bipartisan backing. It stands a good chance of rolling through the Senate, then getting signed into law by President Trump.
May 23, 2019
The IRS recently altered course and announced that it will no longer stop employers from offering retirees a lump sum payment in exchange for their pensions. Initial reactions have been that this is very bad — comparing lump sum cash-outs to cigarettes — legal, liked and bad for you.
May 10, 2019
The rising cost of health care has been a political hot button issue for years, and Franklin Templeton’s 2019 “Retirement Income Strategies and Expectations (RISE)” survey revealed it remains a top concern today. Franklin Templeton Defined Contribution Head of Strategic Accounts Kevin Murphy and Michael Doshier, vice president, Retirement Marketing, offer some highlights from the survey and stress the importance of saving enough to meet future health care needs in retirement.
May 9, 2019
Women want more teach, less tell when it comes to retirement planning. Anne explains. Understanding how women think about investing is critical for the future of retirement. Women are on their way to holding the majority of wealth: they are likely to inherit most of the wealth transfer in the coming decades 1, they’re the breadwinner (or co-breadwinner) in 60% of households 2, they’re starting businesses at twice the rate of men 3–the list goes on.
May 8, 2019
Millennial investors were more likely than investors in other age groups to own exchange-traded funds, according to a survey from investment provider BlackRock. Among investors aged 21 to 35, 42% said they owned ETFs in 2017, up from 33% of investors in that same age group who said they had ETFs in their portfolios the year prior.
