Retirement

In his first speech since leaving the presidency, Joe Biden spoke last night of Trump’s “damage and destruction” to the Social Security Administration, while the White House announced yesterday that Trump will always protect Social Security benefits.

Earlier this month, the American Federation of Teachers president urged chief fiduciary officers to urgently review their Telsa holdings in pension funds. Now Canada’s largest federal public sector union is following suit.

The telecom giant is one of the latest employers to get sued for using forfeited plan funds from departed employees to pay administrative expenses, in violation of ERISA duties.

Now more than ever, America can tackle the retirement industry’s most pressing challenges while serving small employers and communities of color and supporting advisors and providers in order to give every worker a shot at financial security, says a new report.

Financial professionals see potential for further annuity growth, but educating clients and employers is key, according to Nationwide surveys.

The "sandwiched" generation needs help preparing for retirement, and employers can help by providin tailored education along with innovative tools and investment solutions.