While it may come as no surprise, a new survey finds that nearly all Americans (97%) agree that the financial professional who provides one-time recommendations or other one-time advice about retirement investments should be required to act in their client's best interest. This includes a... READ MORE

  The Office of Management and Budget (OMB) received the fiduciary rule, listed as Retirement Security Rule: Definition of an Investment Advice Fiduciary, from the Department of Labor (DOL) on Friday. The OMB will review its costs and benefits within 90 days. However, the compressed two-month... READ MORE

While there’s an emerging sense of optimism among women that the economy is improving, many unfortunately still worry about achieving financial security, particularly in the areas of retirement savings and paying down debt.  Released in celebration of Women’s History Month, these findings are... READ MORE

Well, here we are again at the end of yet another workweek…and yet, just look at what has happened to these guys and gals… In Las Vegas, Nevada, the Bellagio paused its famous fountains as it welcomed one of “the most exclusive guests”…  In Kennesaw, Georgia, an unnamed woman had an unspecified... READ MORE

OneAmerica Financial announced the launch of a new investment option that the firm suggests is ideal for clients looking for a target date series that may be more cost-effective than traditional target date funds (TDFs). RetirementTrack American Funds is an actively managed target date series of... READ MORE

It’s hardly news that younger generations like to (over)share, particularly on Insta, TikTok, and other social media apps, which can lead to questionable outcomes with long-term consequences. Yet, with health and finances, this propensity to divulge personal information could work in their... READ MORE

Content distribution has evolved significantly. It’s no longer a linear, one-way street but rather a loop. Understanding the digital landscape and how to leverage it for business development has become a critical skill for 401(k) advisors. This article will delve deeper into the content creation... READ MORE

Touted by proponents as a way to “enhance and standardize climate-related disclosures by public companies and in public offerings,” a divided Securities and Exchange Commission on March 6 approved new rules extending nearly 900 pages; the Commission, however, didn’t go as far as what it originally... READ MORE

ERISA consultants at the Retirement Learning Center Resource Desk regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and other types of retirement savings and income plans, including nonqualified plans, stock options, and... READ MORE

The parties in yet another 401(k) excessive fee suit have come to terms after two years of litigation. The suit in question involved the fiduciaries of the $5.2 billion L3Harris Retirement Savings Plan—a suit that in March 2022 claimed the participant-plaintiffs had exhausted their administrative... READ MORE

While traditional and Roth IRAs play a key role in household balance sheets, representing 36% of household financial assets among those owning them, new research also reveals that rollover activity, which helps many Americans preserve their retirement savings, has fueled recent individual... READ MORE

To address retiree concerns about running out of money in retirement, MetLife announced that it is working with Fidelity Investments to offer a fixed immediate income annuity through Fidelity’s new retirement income solution. The availability of the MetLife Guaranteed Income Program through... READ MORE