Harkening back to the early days of the administration, President Biden’s fiscal year 2025 budget, once again, proposes significant tax increases on corporations and upper-income taxpayers, including a proposal to limit how much taxpayers are allowed to accumulate in their retirement plans.... 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

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

Final changes to the Department of Labor’s popular Voluntary Fiduciary Correction Program (VFCP) are apparently on the horizon, according to recent comments made by a senior agency official. Speaking Feb. 27 at the U.S. Chamber of Commerce’s Small Business Retirement Summit, Principal Deputy... READ MORE

Just as Congress gets ready to debate whether there is a “retirement crisis,” new survey results from an organization supportive of restoring defined benefit plans finds that Americans are increasingly worried about retirement. According to the survey results from the National Institute on... READ MORE

A new study finds that an increasing number of women are feeling financially prepared for retirement thanks to their growing involvement in financial planning. According to the study from Bryn Mawr Trust, gone are the days when women asked others to handle their financial planning, as only 1%... READ MORE

While the 401k Averages Book has served as a resource for evaluating 401(k) plan fees among large and small plans alike, the newly released 24th edition now includes new benchmarking data on advisor compensation, as well as recordkeeping administration. In responding to the evolving landscape of... READ MORE

Marking the beginning of integrating RIAs into The Retirement Planning Group (TRPG) under Cetera, the firm announced Feb. 21 that TRPG has acquired Dightman Capital Group based in Overland Park, Kansas. TRPG has acquired 100% of the assets of Dightman Capital Group, which is owned and operated by ... READ MORE

With broker/dealers (B/Ds) actively encouraging their advisors to embrace the retirement plan space, a new report by Cerulli suggests that asset managers will need to adapt their approach to product distribution and advisor support in this evolving intermediary landscape.    In fact, most top-tier... READ MORE