Defined Benefits

One of the traps that people fall into is believing that benefits are driven by a savers tax bracket.

In July 2012, 50 percent of retirement plan participants didnt know how much they were paying in fees and expenses. One year later, a follow-up survey tells the same story, LIMRA said.

Don't make mistakes in building your individual company retirement plan participant advice practice. One thing to do right is to keep good prospecting activity records.

Standard & Poors declared Illinois fiscal outlook developing, an improvement, if a somewhat fuzzy one, over its previous negative outlook.

Most people are not equipped to invest their funds or withdraw them in a way that allows them to maintain their lifestyle while preserving principal.

The savers credit helps offset part of the first $2,000 workers voluntarily contribute to IRAs and to 401(k)s and other defined contribution plans at their workplace.

The sources of those who do include personal IRAs, pensions from previous jobs and pensions belonging to a spouse or partner.

Statistics paint a picture of millions of senior citizens forced to live in poverty after their working years end. Congressional gridlock, however, prevents any action that would allow Social Security benefits to remain at promised levels.