Latinos and African-Americans are well behind their white counterparts in saving for the future. The questions are why and what can be done about it?Read More
The buyouts occur when a pension plan shifts what it has promised to pay a participant to an insurance company, which then provides annuities for the participants affected.Read More
With the rapid growth in high-deductible health plans, health savings accounts provide an option to pay medical bills and save for the future.Read More
Cash balance plans have existed for years, but recent IRS rulings lends an air of confidence in them.
Not everyone has a 401(k) at work, but that is irrelevant. Retirement safeguards are in place for workers, and besides, anyone can open an IRA either at a bank or online.
The Employee Retirement Income Security Act of 1974 has evolved over the past four decades.Read More
Advocates say the best place to address these issues is at the state level, and California is the closest to implementing a state-run plan.
Recent survey results from Financial Finesse show employers are providing more financial tools, but also employees are asking for help in greater numbers, too.Read More
A Washington-based think tank says the Obama proposal would affect 20 percent of Americans ages 25 to 64 with retirement plans that could hinder incentives to save money.Read More
Revisiting the company's investment plan statement should be the first order of business, and then start building your paper trail to ward off IRS inquiries.Read More