Markets continued to rally in the final month of 2020

For many Americans, the novel coronavirus (COVID-19) pandemic has resulted in an immediate need for funds that can provide financial stability. In response, lawmakers have lessened financial burdens through stimulus legislation that includes several temporary rule changes to retirement account withdrawals.

When participants can’t afford to retire, their employers bear the costs, like heftier wages combined with steeper healthcare and workers’ compensation liabilities. It also makes it more difficult to win the battle for tomorrow’s new talent. The solution lies in better retirement plan design.

In many cases, what you might think about the world of financial planning, or about the role of financial advisors, does not necessarily match the reality.

Exchange-traded funds (ETFs) have grown in popularity, drawing investors’ interest with low expenses, diversification, trading flexibility and tax efficiency.

The Internal Revenue Service recently announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2021.

A bill that comprehensively reshapes the realm of employer-sponsored retirement plans for employers and employees alike has been passed into law.

Employers are struggling to help their employees address the burden of student loan debt without sacrificing retirement savings. The IRS recently showed a willingness to remove one hurdle to address this issue through a retirement plan.

Bitcoin is a digital currency that allows for the transfer of payment between two parties, without the help of a bank—and without government oversight.

What’s the best choice for you?

A common challenge for sponsors of defined contribution retirement plans is measuring the success of their plans in meeting their employees’ future needs.