Retirement Advisor

A House panel has scheduled a hearing next week to review the SSA's "overpayment" process, after it was revealed that the agency clawed back $4.7 billion in overpayments, while another $21.6 billion remains outstanding.

Raising awareness for employees on long-term care needs is critical - and voluntary products (accident, hospital indemnity or critical illness insurance) have a role to play in a conversation about retirement planning.

After 6 years of litigation, GE will settle the lawsuit - the largest ERISA case alleging retirement plan mismanagement - that claimed underperforming funds were the only actively managed options available to participants.

Small business owners now have a range of options depending on the number of employees, but it's essential to start early, leverage tax-advantaged retirement accounts, diversify investments and plan for an exit strategy.

Ready or not, artificial intelligence has arrived and is a "really powerful tool that takes large bodies of text and information and creates a knowledge base," according to a recent National Institute on Retirement Security webinar.

Nearly one out of every two Americans between 40 and 59 are using retirement savings to support their extended family and adult children, which is why plenty of preparation is key for this group, says a new survey.

The federal agency announced Wednesday that it will review its "overpayment" process, after it was reported that it clawed back $4.7 billion of overpayments, while another $21.6 billion remains outstanding.

Just weeks after a federal judge dismissed an ERISA lawsuit against the company over allegations of excessive fees, another employee suit has been filed, claiming the 401(k) plan offered funds that performed worse than alternatives.