Retirement planning

Fifty-four percent of millennials said that debt is currently their biggest financial concern, according to a new survey that found young adults struggling in the wake of the Great Recession.

Americans in their sixties are taking more money out of their IRAs than those who are older, according to a new report.

The two genders may be very different (and vive la difference, as the French would say), but not when it comes to their retirement expectations and preparations, according to a new survey.

Balances in small business retirement plans have increased an average of 20 percent between 2007 and 2012 in the aftermath of the recession.

A pair of senators have introduced bipartisan legislation aimed at expanding the use of S corporation employee stock ownership plans, or S ESOPs, to encourage more Americans to save for retirement.

Married same-sex couples are awaiting a decision by the Supreme Court to help them resolve their tax-filing challenges on tax day.

Action is needed soon to keep multiemployer pension plans from sliding into insolvency, according to a new government report.

President Barack Obama’s budget proposal would cap multimillion-dollar tax-favored retirement accounts like the one held by Mitt Romney, his Republican rival in 2012.

The current rollover process for 401(k) plans favors distributions to individual retirement accounts rather than the 401(k) plan that a new employer might offer, and a new government report suggests the Internal Revenue Service and the Labor Department could be doing more to make the process easier.

Confidence in the ability to afford a comfortable retirement remains low, according to a new survey, reflecting a growing awareness of the challenges in saving enough money.

Fewer corporate workers have sufficient cash flow and emergency funds on hand, according to a new survey.

For years, you’ve been hearing that you should include financial services among your tax or accounting practice’s service offerings.

The Internal Revenue Service said Tuesday that taxpayers need to report Roth individual retirement account conversions from 2010 on their returns this tax season.

The Internal Revenue Service is providing information on some of the retirement plan provisions of the fiscal cliff deal that was signed into law earlier this month.

Many members of the next generation of retirees are expected to face a large decline in their standard of living when they retire, according to a new report.

The Internal Revenue Service has released a long-awaited set of rules for correcting employee retirement plans that fail to meet the requirements of the Tax Code.

Fresh from year-end tax planning meetings with clients, we’ve identified four areas where great tax planning and great financial planning collide, specifically for people accumulating wealth.

I talk about the BBB with my clients a lot. No, this BBB is not the Better Business Bureau; it is the Baby Boomer Bubble.

News and developments from the previous month in financial planning

There are several moving parts and material contingencies that one may encounter on the journey of making sure your clients' wealth lasts for as long as they need it to. For some, having resources last for their own life expectancy is the goal, while for others making assets last for generations is the objective.