Retirement Advisor

In President-elect Trump’s first administration, there were “explicit statements of support for the 401(k) system and its pre-tax savings benefits,” said one expert. Will that continue?

As the results turn Washington upside down, state capitals are purring along.

The new retirement bill, aimed at expanding retirement coverage for workers not covered by an employer plan, would likely lead to worse retirement outcomes for most Gen Z and millennial workers, according to the Morningstar Center for Retirement's new research.

On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.

Managers might bring up financial tools during one-on-ones to help create an open culture that makes employees feel comfortable to ask questions if a financial crisis comes up.

Employers need to create an environment that can foster employee loyalty, reduce turnover, enhance overall productivity and help employees be able to reallocate funds to retirement savings, according to a Voya survey.

Retirement plans were a hot button issue for union workers, who wanted Boeing to bring back their lost pension plans, however, Boeing said they were "prohibitively expensive."

Many millennials turn to fragmented financial information online, leading to gaps in critical areas like budgeting, investing, and planning for future goals, according to NOYACK's Millennial Wealth survey.