Starting in 2017, companies in Illinois that do not offer retirement plans will be required to automatically sign up their workers for a state-sponsored Roth IRA account.
Imagine boarding a jet and heading for your seat, only to be told you’re needed in the cockpit to fly the plane. An analogous situation has happened to retirement savers.
The assumption that boomers are healthier and wealthier and will have a much rosier Medicare outlook down the road just isn’t going to happen, says a health care industry executive.
The RIA founded by the Nobel prize winner is rolling out a service today that walks 401(k) plan participants through their Social Security claiming options.
