Individual Retirement Accounts (IRAs)
Watch breaking news videos and read news updates about Individual Retirement Accounts (IRAs) on investmentnews.com
LPL signs deal with Millennium Trust for rollover leads
LPL service will allow retirement plan sponsors to shed participants who can't be located or who are nonresponsive.
Make sure clients road-test retirement
As baby boomers ap-proach retirement, they're likely to feel excited or afraid, or perhaps a bit of both. It's natural to have a range of emotions at such a significant point in life. Having the freedom from alarm clocks and meetings, and more time to pursue personal interests on a daily basis, is
Parents lose out on 401(k) windfall
The 8th U.S. Circuit Court of Appeals recently ruled that a surviving spouse's promise to waive her rights to her husband's 401(k) funds by signing a postnuptial agreement was invalid because the agreement was written incorrectly.
Obama threatens to veto bill to delay DOL fiduciary-duty rule for retirement accounts
President Barack Obama has threatened to veto a bill that would halt -- or possibly kill -- a Labor Department regulation designed to strengthen investment advice standards for retirement plans.The bill would prohibit the DOL from proposing its regulation until 60 days after the Securities and ...
IRA Alert: Tax court shoots down medical exception
Recently, the Tax Court ruled that an individual was liable for the 10% early-distribution penalty on a retirement plan distribution.
Shutdown leads retirement plan regulator to hit pause
Thanks to the shutdown of the federal government, the Labor Department's Employee Benefits Security Administration likely will have to hit the “pause” button on certain investigations and enforcement actions. Generally, federal employees are unable to work if there is no funding available, but some
Small-biz retirement plan options launched by Genworth
Genworth Financial Wealth Management Inc. on Monday launched Retirement Connections, a set of retirement plan options that financial advisers can offer to their small-business-owner clients. “Business owners are overwhelmed with the affairs of running a business,” said Michael Kim, senior vice
Don't blame the custodian for IRS levies
A lthough individual retirement accounts are tax shelters, a recent federal court ruling drove home the point that the retirement vehicles are taxable and that they are not sheltered from a demand for payment by the Internal Revenue Service (Mark Andres Green v. Pershing LLC, 10th U.S. Court of ...
SEC charges trader with Ponzi scheme using retirement investments
The Securities and Exchange Commission today filed fraud charges against a trader who allegedly took millions in retirement savings from clients hoping to boost returns, only to blow the money on funding a bounty hunter reality TV show that never got off the ground. The federal securities regulator
Festive fall on tap for Washington but action is another thing
Advisers watching for clues on the federal budget, debt ceiling, tax policy.
Understand clients' pension plans
A ruling against the plaintiff in a recent pension benefit case highlights the need for financial advisers to understand clients' pension plans, particularly plans' rules around marriage.
Are 401(k) options more confusing than health insurance benefits?
Schwab says participants are clearly puzzled about choosing the right investment mix.
5 common IRA mistakes
Five common mistakes investors make when managing their IRAs that, if corrected, could result in added savings.
LPL to break into estate planning for mass affluent
LPL Financial hopes to make estate planning with individual retirement accounts easier for advisers who work with mass-affluent clients. Private Trust Co., LPL Financial Holdings Inc.'s trust administration subsidiary, has introduced a new packaged program that will simplify the estate-planning
Stop the presses: IRA balances surge
Here's welcome news on the retirement savings front, courtesy of Fidelity Investments. Average balances on IRA saving accounts Fidelity administers reached over $81,000 at the end of 2012, a 53 percent increase from the end of 2008. Fidelity is one of the top providers of IRAs to investors. The
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Blaine Aikin CEO, fi360
Timothy Welsh, CFP President and Founder, Nexus Strategy, LLC
Justin Wisz Co-Founder & CEO, Vestorly