Retirement planning

The Labor Department has decided to delay and reconsider a proposal to expand its definition of the term “fiduciary.”

The Texas Society of CPAs has issued some tips for self-employed business owners for funding their retirements.

A new study from Fidelity Investments found that 401(k) investors who pulled out of the equities market during the 2008-2009 economic downturn experienced only 2 percent growth, while those who maintained their investment strategy eventually saw growth of 50 percent by the second quarter of this year.

Reinsel Kuntz Lesher LLP has added a Senior Living Services Consulting Group, brought over from ParenteBeard, to its services.

Small businesses may now face a new challenge with holding onto their employees as employee loyalty shows signs of eroding, according to a new survey.

The Financial Accounting Standards Board has beefed up its standards for multiple-employer pension plans, requiring employers to provide more information about their pension plan obligations, particularly for unionized employees.

The Governmental Accounting Standards Board is proposing some far-reaching changes in the field of pension accounting that should affect public employees and state and local governments across the country.

The Governmental Accounting Standards Board has issued two exposure drafts proposing improvements to financial reporting of pensions by state and local governments.

Husbands and wives need to talk more about retirement planning and how to achieve their retirement goals, according to a new study.

MORE DELAY RETIREMENT

IMGCAP(1)]Accountants, insurance professionals and others need to be careful that they don’t become what the IRS calls material advisors.

The Internal Revenue Service has become more adept at identifying retirement plans that may violate tax laws, according to a new government report.

Three out of four middle-income Baby Boomers say their financial situation, not age, is now the key trigger for when to retire, according to a recent study.

The majority of Americans say they want and need income replacement projections for financing their retirement, but most do not have access to the data nor an understanding of how to translate their 401(k) savings into a stream of retirement income, according to new research.

Only 51 percent of Americans believe they will have enough money to enjoy a comfortable retirement.

While many people continue to experience the after-effects of the recession, a majority of older Americans say they are confident in their retirement preparedness, according to a survey by Charles Schwab.

A bipartisan group of lawmakers in Washington is co-sponsoring legislation and demanding an independent probe to stop the government and a trustee from suing innocent victims who invested in Bernard Madoff’s Ponzi scheme.

BABY BOOMERS MIXED ON WEALTH TRANSFER

Proposals to scale back or eliminate the tax incentives of investing in 401(k) retirement plans, as called for by some budget deficit reduction plans, would not only endanger the ability of low- and moderate-income workers to enjoy secure retirements, but are based on faulty math, according to new research from the American Society of Pension Professionals & Actuaries.

The recession has put even greater pressure on workers to stay on the job, according to a new report.