Retirement

Senator Bill Cassidy, along with 26 colleagues, is calling for the “immediate implementation” of the new Social Security law, after SSA announced payments to public workers could take “more than 1 year.”

Senators Jack Reed and Sheldon Whitehouse, who co-sponsored the new federal law, are calling on the Trump administration to expedite its implementation, following the SSA’s announcement that it could take “more than 1 year” to make payments to public service retirees.

Both brokerage firms moved a customer’s uninvested cash from a brokerage account into an interest-bearing account, violating the Advisers Act, according to the Securities and Exchange Commission.

The Saver's Match program, which launches in 2027, allows low-income employees to receive a 50% federal matching contribution of up to $1,000, in addition to any employer match – and will “significantly boost retirement wealth,” says Morningstar Center for Retirement.

Now, financial advisors can offer Capital Group’s ICanRetire employee engagement tool to small business owners to help improve participant outcomes and increase contributions.

However, there’s a significant disconnect between Americans’ confidence and knowledge when it comes to how they are saving for retirement and how they feel about their retirement readiness, according to a Principal survey.