07 Feb. 2014 | Comments (0)
Public Policy Wish List
On January 28, 2014, President Obama gave his State of the Union address. He included some provisions for improving retirement security for those who do not have access to retirement plans. Professor Jeffrey Brown provides us with a good perspective on the MyRA proposal.
23 Oct. 2013 | Comments (0)
Insights on Financial Decisions in Retirement
This blog post follows up the earlier post on New Insights on How People Retire. It offers further findings from the Society of Actuaries focus group study, The Decision to Retire and Post-Retirement Financial Strategies.
15 Oct. 2013 | Comments (0)
New Insights on How People Retire
The Society of Actuaries recently conducted focus groups to learn more about the decisions made by people who have retired voluntarily in the last few years. The research team felt that two findings offered new insights.
09 Jul. 2013 | Comments (0)
Rethinking Family-Related Benefit Programs after the Doma Decision
The U.S. Supreme Court held the federal Defense of Marriage Act unconstitutional. This ruling will have many impacts on employee benefits, and extend to same sex married couples the rights of married couples as required by Federal law.
21 May. 2013 | Comments (0)
More on Income Replacement and the Importance of a Paycheck During Retirement
In this post, I wish to highlight the results of a report from The 2012 ERISA Advisory Council, which studied the topic, “Examining Income Replacement During Retirement Years in a Defined Contribution System.”
03 May. 2013 | Comments (0)
How to Improve Disability Protection in the Era of Individual Responsibility
In my last blog, Disability: An Important Issue With Regard to Long Term Retirement Security, I highlighted some of the important findings of a recent ERISA Advisory Council report. In this blog, I will continue to share some of my personal views regarding the report’s findings.
26 Apr. 2013 | Comments (0)
Disability: An Important Issue With Regard to Long Term Retirement Security
Disability can derail retirement security, but many people do not realize that. In a world where retirement benefits are increasingly provided through defined contribution plans, disability is a major financial and life-altering risk facing most adults throughout their work life.
06 Feb. 2013 | Comments (0)
Thinking About The Social Security Debate
Social Security reform is once again on the national agenda. The results of a new study indicate that Americans prefer raising payroll taxes and increasing benefits to reducing benefits. This position represents a sharp contrast from many lawmakers.
01 Nov. 2012 | Comments (0)
Focus on Helping Employees Build a Paycheck Replacement in Retirement
Successful retirement strategies depend on managing financial resources and life situations during retirement. New resources offer information for employees, as well as insights for employers as they consider what they should do.
05 Jul. 2012 | Comments (0)
Thinking about the Future of Retirement Security
The 2010 Survey of Consumer Finances has just been released, and it demonstrates a large decline in median family assets as well a more modest decline in income. Individuals are more responsible for their own retirement security.
10 Apr. 2012 | Comments (0)
Retirement Planning: SOA Study Finds Keeping Up With Inflation and Having Enough Money for Health Care are Biggest Concerns
The SOA released findings from its 2011 Risks and Process of Retirement Survey, which concludes that pre-retirees and retirees are not taking the risk-mitigating action to keep up with inflation and have enough money to afford adequate short- and long-term health care.
06 Feb. 2012 | Comments (0)
Valuable Resources for Your Employees on Important Retirement Planning Issues
Many employers have shifted away from defined benefit pension plans and are now asking employees to take more responsibility for their retirement.