Participation, Savings Rates Rising in DC Plans
Employee participation and deferral rates in America’s qualified retirement plans remained strong in 2015. In fact, participation was up 5% from 2010, and average salary deferrals were nearly 7%. These...
View ArticleWhat's the Difference Between a 401(k) and a Roth 401(k)?
Traditional 401(k) plans and Roth 401(k) plans are both employer-sponsored retirement plans designed to assist employees with saving money for retirement. Traditional 401(k)sA traditional 401(k) is an...
View ArticleWhy to Stay Invested Through Tense Times
We have seen some uneasy times lately. Uneasiness impacts the financial markets. When it does, we all need to keep some long-term perspective in mind. Those who race to the sidelines and exit equities...
View ArticleConfidence Levels Highest Among Retirees, Workers with Retirement Plans
Things seem to be looking up for American retirees these days. Two groups are most likely to feel confident about their retirement readiness: retirees, who report feeling more secure in their ability...
View ArticleHow Student Loans Impact Retirement Savings and Income
Two recent studies examined the impact of student loans on retirement savings and income for Americans in two very different life stages: early savers and individuals in or approaching retirement. A...
View ArticleHow Much Should You Save By Age 30, 40, 50, or 60?
It is agreed that the earlier you start saving for retirement, the better. The big question on the minds of many savers, however, is: “How am I doing?” This article will show you some rough milestones...
View ArticleIs Your Company's Retirement Plan as Good as it Could Be?
At times, running your business takes every ounce of energy you have. Whether you have a human resources officer at your company or not, creating and overseeing a workplace retirement plan takes...
View ArticleAre There Blind Spots in Your Insurance Plan?
Many households and businesses are insufficiently insured. The problem is not necessarily the quality of coverage, but the breadth and depth of it. Your own business or household may be more vulnerable...
View ArticleUnderstanding Your Fiduciary Responsibilities: An ERISA Primer
Implicit in the ERISA guidelines is the need for sponsors to monitor all investment options, not just company stock. Regulatory complexity and increased scrutiny on compliance arguably has made the...
View ArticleOutlook 2018: Return of the Business Cycle
LPL Financial's Research Outlook 2018: Return of the Business Cycle is packed with investment insights and market analysis to guide you through all the action we may see in the year ahead.“Return of...
View ArticleYour 2018 Financial To-Do List
What financial, business, or life priorities do you need to address for 2018? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives,...
View ArticleRefrain from Tapping Your Retirement Funds
Retirement accounts are not bank accounts. Nor should they be treated as such. When retirement funds are drawn down, they impede the progress of retirement planning, even if the money is later...
View ArticleDemographics and Your Retirement Plan
Having a firm grasp of your company's demographics can help you and your financial professional devise an appropriate plan design that can appeal to and attract all employee segments. Because...
View ArticleShould We Reconsider What "Retirement" Means?
An executive transitions into a consulting role at age 62 and stops working altogether at 65; then, he becomes a buyer for a church network at 69. A corporate IT professional decides to conclude her...
View ArticleEnthusiasm and Trust High for 401(k) Plans
When it comes to saving for retirement, Americans love their 401(k) and other defined contribution (DC) plans. They demonstrate it with money and participation: As of late 2016, about 54 million...
View ArticleFear Must Not Inhibit a Financial Strategy
Fear affects investors in two distinct ways. Every so often, a bulletin, headline, or sustained economic or market trend will scare them and make them question their investing approach. If they...
View ArticleFinancial Wellness Reaching Majority Status
Your company is likely among the majority that not only want to help employees with their non-retirement financial matters but also are offering tools to make it happen. That statement can be made...
View ArticleSimplified Plan Features Support Culture of Financial Wellness
New research indicates employees believe their employers are influential in getting them to contribute toward retirement. Simplified features are not only making it easier for employees to take...
View ArticleDreaming of a Royal Retirement?
Cash flow is like the water in the moat surrounding a successful retirement. It’s an essential element of financial planning that can help you defend your castle against unexpected expenses,...
View ArticleOvercoming the Lag in Women's Retirement Saving
In general, women need more and save less money for retirement than do men. Overall, women accumulate less money for retirement than men, yet because they have a longer lifespan, the need for savings...
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