State-Run IRAs May Not Be the Best Solution for Low-Income Earners
Social Security may be enough to cover their retirement needs, while the accumulation of personal savings can jeopardize other key safety net benefits.
Tag: IRA
New Recordkeeping Platform Aims to Expand IRA Space
The platform is designed to provide flexibility in investment selection, advice and education for all types of IRAs.
eMoney Enhancing Platform with Annuity Wizard
The eMoney Advisor platform will be updated with tools designed to help users suggest the right retirement products for clients based on their individual needs and preferences.
Redhawk Brings ERISA Fiduciary Services to IRA Space
The FiduciaryShield toolset launched by Redhawk aims to help advisers meet fiduciary responsibilities on behalf of IRA holders.
OregonSaves Program Moves Forward Without ERISA Exemption
Oregon's state-run retirement program for private-sector employees will be rolled out July 1.
IRAs Serving Their Purpose as a Savings and Rollover Vehicle
$7.4 trillion is currently invested in individual retirement accounts, the ICI reports.
Fiduciary Benchmarks Launches IRA Best Interest Determination Service
Fiduciary Benchmarks is planning to launch a series of services in response to the DOL’s conflict of interest rule.
Understanding Share Classes in DC Plan Funds
In the midst of ongoing litigation regarding excessive fees, plan sponsors need an understanding of the different fund share classes available and how they affect fee structure.
Fiduciary Rule Debate Impacts State-Run Plans for Private Sector
A new bill introduced by Senate minority Democrats, seeking to protect ERISA exemptions for state- and city-run retirement plans for the private sector, would likely be made redundant...
Eighty Percent of People Seek Advice When Doing a Rollover
Of this group, 58% obtain professional financial advice.
Merrill Lynch Signals More Flexibility in Fiduciary Rule Response
The firm has consistently been an early mover in announcing fiduciary rule implementation plans—and that trend continued this week with the news that ML advisers will retain some...
Most IRA Assets Flow From Employer Plans
A new study by the Center for Retirement Research explores the modern state of the individual retirement account and those who invest in it.
J.D. Power Polling Reveals Investor Opinions on Faulting Fiduciary Rule
Market forces may drive some of the reforms the Department of Labor sought to achieve under the Obama presidency—but a cadre of investors also remains committed to commissions.
Analysis Suggests Roth Almost Always Outperforms Traditional IRA
Investing in a Roth versus a traditional IRA effectively raises the limit on what one can save, leading to materially greater wealth in retirement in the vast majority...
Merrill Lynch Rethinks Move Away From Brokerage IRAs
Amid the effort to roll back the fiduciary reforms, retirement advice providers that moved early to get into compliance with the proposed conflict of interest standards are left...
Analysis Links State-Run IRAs With Medicaid Savings
A coalition of advisers and providers is making the case on Capitol Hill that dialing back DOL guidance supporting state-run retirement savings programs for private sector workers is...