Retirement Trends

Compared with young adults from the generation prior, so- called Millennials in 2010 were more likely to own homes and retirement accounts and have bank deposits.

An economist advising the CTU estimates a $1-to-$2 tax levied on the sellers and buyers of futures, futures options and securities option contracts could translate into an additional $12 billion a year.

Because DIYers are emotionally resistant to being helped, employers and providers alike need to rethink their approach to reach this segment.

Profit at its U.S.-based Jackson National Life unit surged 67 percent as sales of variable annuities jumped 41 percent.

In-plan annuity guarantees allow participants in retirement plans to protect some of their savings to provide future retirement income while they are still working and contributing to their plans.

Several of the biggest names in the 401(k) industry received rating changes in April. Blackrock Capital Aggregation fund was upgraded to Bronze from neutral. Diamond Hill small-cap fund was upgraded to gold from silver.