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In a recent ThinkAdvisor.com report, Cerulli Associates for asset managers indicated that the “medium is just as important as the message when marketing to millennial investors. Younger investors need to be seen separately…it is crucial to identify products that are more likely to appeal to them…important differences can lie in the medium as much as...Read More

According to The Society of Actuaries’ most recent “Risks and Process of Retirement Survey”, there is a significant increase in consumers’ concerns about their finances both before and after retirement.  61% of pre-retirees indicated a sense of unpreparedness to handle expenses that could exhaust their assets in retirement. 47% of retirees also fell into this...Read More

Navigating Distributions Required Minimum Distributions (RMDs) Hardships and Loans Terminated Participants Mandatory Cash-Outs Under the New Tax Law 401(k) Loan Payback Period gets extended! Recharacterizations of IRAs… Can I take a mulligan? Navigating Distributions The first quarter of the calendar year typically sees an uptick in the number of retirement plan distributions and participant loans....Read More

According to a recent study from Finhabits, the states with the largest concentration of Hispanic residents had the lowest participation in retirement savings, and less than 10 percent of small business workers in the five top Hispanic metro areas of the United States have access to employer-sponsored retirement savings accounts. The lowest overall participation rates...Read More

Workers Regret Not Saving More for Retirement: American Century Investments’ fifth annual Plan Participant Study indicated that roughly 90% of retirement plan participants articulated regret about their retirement savings habits. Those who reported having a “great deal” of regret — pre-retirees in the 55-to-65 age group — rose by 5% just in the past two...Read More