This Is What Happens To 401(k) Assets When Americans Retire

January 5, 2017
By:
Jamie Hopkins

Upon retirement, individuals must make a number of decisions within a relatively short period of time. One of the most important decisions concerns the management of assets in their employer-sponsored 401(k) retirement plan.

12 Expert Financial Planning Tips For 2017

December 15, 2016
By:
Jamie Hopkins

Let’s look at 12 practical tips from the leading financial planning thought leaders and professors that can help you take your 2017 financial planning to the next level, and put you on the right path to a more financially secure future.

American Savers Win Regardless of the Fiduciary Rule's Future

December 14, 2016
By:
Jamie Hopkins

As 2016 comes to a close and a new administration gears up to take control, uncertainty reigns in the financial services industry regarding the future of the Department of Labor’s new fiduciary rule, which was finalized in April. The rule is slated for the initial stage of compliance next spring.

The Future of Financial Planning Through Fiduciary Lenses

December 9, 2016
By:
Jamie Hopkins
Craig Lemoine

Soon we will see 2017. And with the New Year comes a countdown to April 10. On that day the profession will unite under one fiduciary banner which will include acting with prudence and objectivity, and placing the interest of retirement investors at the forefront of financial planning.

If You Don’t Have a 401(k), the Treasury Department Says Let ‘myRA’ Help

November 28, 2016
By:
Jamie Hopkins

For millions of Americans who do not have an employer-sponsored retirement plan, like a 401(k), the U.S. Department of Treasury is trying to get the word out that you still have an option for retirement savings this open enrollment season with myRA.

John Hancock Withdrawing From Long-Term Care Market

November 10, 2016
By:
Jamie Hopkins

John Hancock Financial, owned by Manulife Financial Corp., a Canadian firm, is pulling out of the long-term care insurance market this December. John Hancock has been one of the largest long-term care insurance providers in the United States with over 1.2 million outstanding policies.

'Silver' Divorce Puts Strain On Retirement Income

October 24, 2016
By:
Jamie Hopkins

A common misconception about marriage in the U.S. is that millennials have a higher divorce rate than previous generations. In fact, millennials are actually divorcing at much lower rates than those of similar ages in the 1970s and 1980s. 

Annuities Offer Long-Term Care Funding Flexibility

October 17, 2016
By:
Jamie Hopkins

Retirement income planning can be like hitting a moving target in the wind. The target keeps moving because you do not know when you will retire, how much money you will need, or how long you will live. One specific risk that can derail a retirement plan is long-term care.

How Proposed Caps Could Impact IRA and 401(k) Accounts

October 14, 2016
By:
Jamie Hopkins

For the past few years President Barack Obama's fiscal year budgets have included a variety of proposed changes to the retirement system in the United States. Both the 2016 and 2017 proposed fiscal budgets included a $3.4 million cap on retirement savings for an individual.

When it Comes to Managing Retirement Savings, Confusion Reigns

October 11, 2016
By:
Jamie Hopkins

The need for secure retirement income is a primary concern for most Americans. However, the challenge is figuring out a way to generate that income so that it will last a lifetime, a time period unknown to each of us. With increasing longevity in the U.S., longer retirements will put a strain on portfolios and retirement savings to last a lifetime.

Pages