Retirement Advisor

The Internal Revenue Service announced cost of living adjustments that affect the dollar limits for pension plans and other retirement-related items for the 2012 tax year.

New York Citys defined benefit pension plans deliver the same retirement income as defined contribution 401(k)-type individual accounts,but for 40 percent less cost, according to a report by the National Institute on Retirement Security and Pension Trustee Advisors on behalf of the Office of New York City Comptroller John C....

A new study suggests that even fewer American households have reached the point where they have at least $100,000 in investable assets, a wealth benchmark thats a good sign of retirement preparation.

The regulatory reform advisors are facing is nothing less than stunning, Amy Glynn, president of Pension Resource Institute told attendees on Monday at the Center for Due Diligences 2011 conference. Broker-dealers have been managing their businesses in a silo manner, she said, something that will have to change as rules...

The Los Angeles office of Lockton Retirement Services today announced the launch of its new Retirement Readiness Practice and proprietary suite of consulting services to help employers mitigate increased costs associated with an aging employee population who are deferring their retirement beyond 65 years of age.

Hedge fund SAC Capital Advisors is being investigated by federal regulators for using inside information to profit from a health care takeover in 2009, the Wall Street Journal reported Thursday.

That didn't last long. About 55 million Social Security recipients will get their first increase in benefits next year since 2009 a 3.6 percent raise. But higher Medicare premiums could erase part of it.

The Internal Revenue Service is boosting the maximum contribution that workers can make to their 401(k) pension plans without paying upfront taxes. The limit will rise to $17,000 next year.