PLANADVISER - The trusted information and solutions resource for ...
WEBPLANADVISER is the trusted information and solutions resource for America's retirement benefits decision makers. With its powerful array of customer-driven marketing programs, PLANADVISER offers industry providers an unparalleled ability …
Unpacking New Use of 529s to Invest in Roth IRAs - PLANADVISER
WEBAug 23, 2024 · It also may provide piece of mind for a growing tax-deferred savings vehicle: according to findings earlier this year from ISS Market Intelligence, which, like PLANADVISER, is owned by ISS STOXX, 529 assets grew 5.7% in the first quarter of 2024 and 15.6% over the past year. Account balances also, on …
Principal Marks Completion of Wells Trust and Custody Business
WEBFeb 25, 2022 · In an interview with PLANADVISER, Sri Reddy, senior vice president, retirement and income solutions at Principal, said the integration of the retirement business was completed in June 2021. Just this week, the firm completed the integration of the trust and custody side of the business. Reddy says the integration marks an important milestone ...
Explaining True-Up Matches - PLANADVISER
WEBOct 20, 2017 · However, the number of plan sponsors offering true-up matches may increase in the upcoming years ahead, as a recent defined contribution benchmarking survey from Deloitte found 54% of plan sponsors offered a true-up match in their plan design —nearly a 10% jump from 45% in 2015. For workforces and plans not offering a true-up contribution ...
IRS Notice Clarifies SECURE 2.0 Automatic Enrollment, Tax Credits ...
WEBDec 28, 2023 · Section 101 of SECURE 2.0 requires defined contribution plans that are created after the law was enacted on December 29, 2022 to have automatic enrollment and deferral features starting on January 1, 2025. Specifically, plans must enroll participants at contribution levels of between 3% and 10% of salary …
Challenges of Retirement Plans with Union Members
WEBJun 16, 2015 · For sponsors and advisers working with a union retirement plan, “the biggest challenge is to align disparate parties' interests," says Josh Gottlieb, chairman and CEO of The Gottlieb Organization in Chagrin Falls, Ohio. "To find a solution, we first work to understand each party's issues. Once we understand each party's expectations, we can ...
Morningstar: 45% of Americans Will Run Short of Funds if Retiring …
WEBJul 31, 2024 · Morningstar Inc’s retirement group has added to the ongoing dialogue around a retirement savings shortfall for many Americans with a study based on a new retirement savings simulation tool. According to the investment and retirement services provider, about 45% of Americans will run short of money in retirement if they retire at the ...
BlackRock, Policy Group Detail Results of Delaying Social Security ...
WEBJun 28, 2023 · BlackRock and BPS ran two other strategies with their sample retirement saver. In the first example, the participant uses a de-risking strategy of shifting investment to 60% fixed income, 40% equities by retirement age, and takes Social Security at 65.
JP Morgan Launches TDF With Guaranteed Income Annuity
WEBAug 15, 2024 · J.P. Morgan Asset Management announced on Thursday a retirement income investment leveraging a target-date fund with a guaranteed annuity payout in retirement. The firm’s SmartRetirement Lifetime Income TDF is designed to provide a stream of income payments in retirement through annuities from participating insurance companies, according to ...
Cetera Wraps First Allied into Adviser Business | PLANADVISER
WEBDec 9, 2022 · The move continues the consolidation of Cetera’s broker/dealer brands under one umbrella after being acquired by private equity firm Genstar Capital in 2018.Putting First Allied under Cetera Advisors gives its more than 400 financial professionals access to the technology and resources of the larger Cetera (which has some 8,000 independent financial professionals in its network), according ...