A survey of investors found 42% of them were dipping into retirement savings to make ends meet.
Insurance regulators and the annuities industry also give tougher regulations a thumbs-down.
The Department of Labor lacks an understanding of what constitutes retirement security.
The controversial rule expands the fiduciary requirements when clients are given advice on retirement account rollovers.
History suggests that reducing risk isn't the right long-term strategy for managers of retirement accounts.
The retirement surge will impact people's lives and the national economy, a former Clinton administration official said.
Few in the advisory industry view the fiduciary proposal as a cure-all.
CFP Board General Counsel Leo Rydzewski also feels the DOL fiduciary rule can withstand a court challenge.
A good year in the markets also means higher required distributions from retirement accounts.
The amount of seven-figure retirement accounts at Fidelity Investments surged in the fourth quarter of 2023.
The new certification is meant to get members thinking about clients' 401(k) income.
The intellectual case for getting rid of tax-advantaged retirement plans is strong, and the political case is catching up.
Wintrust Retirement Benefits Advisors serves more than 200 retirement plan sponsors.
Employees in defined-contribution plans are uneasy about their ability to retire comfortably, a company survey found.
Prematurely dipping into retirement accounts without penalty is possible, but it should be a last resort, they say.
Small firms with 10 or more workers would be required to auto-enroll employees in a plan.
A good year in the markets also means higher required distributions from retirement accounts.
The Latus Group, founded by a former SWAT team police officer, has a retirement plan bent.
A new emergency pension account allows employees to take plan withdrawals free of taxes and penalties.
Employees have new options this year under the Secure 2.0 Act.