Trying to keep up with the Joneses is a surefire way to sideline you and your family’s financial health. Providing financial literacy training to children at an early age can help prepare them for life-long financial success.
Although the risk of a recession is low, the U.S. economy is likely to experience “growth scares.” Joe Davis offers insights that can help clients keep things in perspective.
Steve Utkus, principal and director of Vanguard Center for Retirement Research, analyzes DB and DC plan performance data. He concludes more data and deeper analysis are needed for more concrete results.
A lump-sum option to DB plan participants can reduce a plan’s liabilities—a good thing. Making it available to pensioners? Not so good and not any more, says the IRS to in-pay retirees and beneficiaries. Blogger Paul Bosse agrees, and explains why.