Retirement Regulation

Over half of retirees rely on simple withdrawal strategies that can lead to suboptimal spending, Morningstar finds.

The proposed regs lay out how the Treasury secretary will make "one-time $1,000 pilot program contributions to the Trump Accounts of eligible children for whom elections have been made," IRS and Treasury said in a statement.

Plaintiff claims a 401(k) fund's high-carbon investments and poor performance may put participants' savings at financial risk.

Research by the giant asset manager identifies key distinctions by generation and account type.

Under current law, retiring federal employees need written consent from their spouse or ex-spouse to change distributions.

The company denies wrongdoing in resolving claims over recordkeeping fees and forfeitures.