While the Retirement
Red Zone[SM] is no time to take the risks of someone with a very long time horizon, it also is not a good idea to dramatically ratchet down risk, not only because people spend so much time in retirement
, but also because a comfortable level of risk should not be discounted purely for tradition's sake.
Eligible individuals may withdraw up to $100,000 from their retirement
plans, penalty-free, from Aug.
PLAN ASSETS ARE MARITAL ASSETS subject to division in divorce or attachment for child support by a qualified domestic relations order.
is traditionally defined as the end of a career and the withdrawal of the worker from the workforce to live a life of leisure, using savings or a pension (Morris, 1976), a significant percentage of retirees want or need to continue working after retirement
The Supreme Court decision affects the retirement
pay of about 5,000 county workers in nine unions.
No matter how or when the current budget dispute works itself out, the failure of a few advocacy groups to use "Mediscare" tactics to cower wavering legislators bodes well for reforming Social Security, the 800-pound gorilla of retirement
Even if your company has a decent and responsible retirement
package, you'll find it impossible to hide from the funding emergency lurking around the corner of the next century.
This article discusses how a deferred option retirement
Many people dream of retirement
in terms of languid days spent gloriously on green courses, sandy white beaches or golden summer resorts.
Estimates of as much as 50% attrition through retirement
are commonly heard.
While we have proven benefit distribution strategies already in place, we have a responsibility to our plan sponsors and their plan participants to explore new, innovative retirement
products and services that may be to their benefit," said Charles Nelson, senior vice president, Great-West Retirement
The big challenge for all financial-services businesses is to switch from planning for accumulation to retirement
income and withdrawals.
Under the retirement
program, a partner may elect to retire any time after reaching age 60.
PLANS ARE DEVELOPED, senior partners may have doubts about whether their successors can honor future obligations, intend to stay with the firm or have what it takes to keep the firm running.
HOUSTON -- AIG VALIC, a national leading provider of retirement
plan services to for-profit and not-for-profit education, healthcare and government organizations, today announced that Guided Portfolio Services(SM) (GPS), its independent advice and managed-account platform offered through VALIC Financial Advisors, Inc.