Tag: Bank of America

Gen Z and Millennials are turning to alternatives instead of traditional stock and bond investments.

Bank of America’s Merrill division announced income-focused portfolios for retirees using tactics including “stable income” investing and recurring distributions.

The increase came partly from increased contributions, partly from market gains, which was also noted in separate 401(k) investing research...

Only 11% of Americans have planned for post-retirement passions and pastimes, according to Lincoln research.   

Retirement savings portfolios may see less volatility next year, according to Bank of America, Goldman, LPL and Vanguard.

Despite the rapid growth of HSAs in recent years, providers can still do more to encourage HSA participants to use...

That makes it an ideal time for these employers to consider adding or enhancing workplace retirement plans, according to a...

Distributions were down and hardship withdrawals were up, though overall saving rates remained steady, according to the bank’s latest participant...

Account balances among millennial men exceed women by 23%, significantly less than the average gender gap of 50%.

The wealth leader returns to his former employer to focus on driving more “fee-based revenue.”