Audit Your Retirement Plan Before the Feds Do

It’s a good idea for companies to self-audit their retirement plans to determine if there are any problems — before they hear from federal examiners. This way, they can protect their company’s retirement savings. Here are six common operational faults...

Capture the Intellectual Property of Retiring Employees

How many Baby Boomer employees (those born between 1946 and 1964) will be leaving your organization in the next five years? When retiring employees clear out their desks and walk out the door for the last time, they often leave with fond memories — as well as vast...

DOL Pitches Auto-Portability Program to Preserve Retirement Savings

The U.S. Department of Labor (DOL) is advancing a proposal that would enable 401(k) plan sponsors to automatically transfer account balances up to $5,000 of former participants who have left the company. The amounts would be transferred to the 401(k) plan of an...

Long-Term Care Insurance Options

Some people are worried that they will wind up in a nursing home with their life savings wiped out. But that doesn’t have to be the case. You can buy some peace of mind with long-term care insurance. What’s Covered? Life expectancies have increased...

Get the most from Social Security

Get the most from Social Security. Younger retirees face a harsh penalty for working part-time. For every $2 earned over $16,920 in 2017 (up from $15,720 in 2016), you lose $1 in Social Security benefits. In the year you reach full retirement age, a higher earnings...