Investment Instruments

Most households with individuals employed in state and local government can expect to receive at retirement well below the 80% of pre-retirement income needed to maintain their pre-retirement living standards, according to new research.

Younger Americans are more interested in having a guaranteed retirement income feature in their retirement savings plans than those 45 years of age or older, according to a LinkedIn poll conducted by Prudential Retirement.

New York Citys defined benefit pension plans deliver the same retirement income as defined contribution 401(k)-type individual accounts,but for 40 percent less cost, according to a report by the National Institute on Retirement Security and Pension Trustee Advisors on behalf of the Office of New York City Comptroller John C....

The regulatory reform advisors are facing is nothing less than stunning, Amy Glynn, president of Pension Resource Institute told attendees on Monday at the Center for Due Diligences 2011 conference. Broker-dealers have been managing their businesses in a silo manner, she said, something that will have to change as rules...

The Internal Revenue Service is boosting the maximum contribution that workers can make to their 401(k) pension plans without paying upfront taxes. The limit will rise to $17,000 next year.

Monthly Social Security and Supplemental Security Income benefits for more than 60 million Americans will increase 3.6 percent in 2012, according to the Social Security Administration.