Understanding the Excess Accumulation Penalty on Retirement Accounts

The IRS charges an excess accumulation penalty if a retirement account owner or beneficiary does not withdraw the required minimum distribution (RMD) for the year.

Support Our Seniors, Protect Hours of Work! CUPE Members Rally Outside Sienna Senior Living's Head Office to Defend Hours of Work from Employer Cuts

Sienna Senior living is one of Canada's most profitable Long Term Care providers. They operate homes across the country, benefiting from government subsidies and other public investments. Despite the ...
JD Supra

7th Circuit’s Recent Ruling in ERISA Change-of-Beneficiary Dispute Offers Key Takeaways for Employers and Retirement Plan Fiduciaries

Love may fade, but beneficiary designations do not. That was the hard lesson learned in a legal dispute between a man’s estate and his ex-spouse ...

Trump’s universal 401(k) architect on why lower-income people distrust retirement accounts: ‘they want to know what the catch is’

Workers who never had a retirement savings plan have long been suspicious of programs like this for good reason, said Teresa Ghilarducci, a professor of economics at The New School, who was one of the ...

Block cuts about half its workforce — how to move forward after a mass layoff, career experts say

Block, Amazon and CrowdStrike have recently announced significant job cuts. Mass layoffs can create unique financial and career challenges for workers.
KFGO

Factbox-What is Trump’s plan to boost retirement savings?

President Donald Trump on Tuesday used his State of the Union address to announce a program that could help tens of millions of Americans save for retirement, giving those without access to an ...

What is Trump's plan to boost retirement savings?

President Donald Trump on Tuesday used his State of the Union address to announce a program that could help tens of millions ...
Opinion
Paulick ReportOpinion

Letter To The Editor: Jockeys – Unprotected, Unseen, And Untapped

Jockeys face dangers both while riding and when out of the saddle, but bloodstock agent Sobhy Sonbol also calls them the "single biggest untapped asset in the sport." ...
AARP

Trump Outlines New Retirement Plan With Federal Match

On the state level, AARP has supported “work and save” programs such as state-facilitated automatic IRAs, that fill the gap ...
The Motley Fool

No Employer Match? Here's How to Decide Whether It's Worth Saving in Your 401(k).

401(k)s have high contribution limits, and many employers now let you make Roth contributions if you prefer. 401(k)s offer fewer investment options than IRAs. Consider which factors matter the most to ...
Business Wire

Child Care Overtakes Retirement as a Top Workplace Benefit – But Employers Are Falling Behind, According to New KinderCare Research

LAKE OSWEGO, Ore.--(BUSINESS WIRE)--Child care has overtaken retirement benefits as one of the most important workplace benefits for working parents, according to new data from KinderCare Learning ...
Hosted on MSN

Employers boost retirement catch-up to $11,250 — but ignore emergency savings

Employers are embracing higher retirement catch-up limits for older workers, but emergency savings features are largely missing from most plans. Winter storm maps show states to get hit hardest later ...