Retirement Trends

The agency is telling insurance companies that it is taking a hard look at disclosures insurers are making to customers contemplating purchase of deferred annuity riders.

To address those concerns, the new rates, proposed to account for increased longevity assumptions, would be phased in over five years beginning in fiscal 2016-17.

From about January 1988 to December 2013, the four primary defendants helped hundreds of applicants falsely claim disabilities in order to collect disability payments in addition to public pensions, according to the Manhattan District Attorneys office.

Retirement plan sponsors should update their plan documents to protect the money of "lost" participants from state escheatment laws.

The percentage of plans that offered passive funds, which have lower management fees, in 2013 was up to 12.5 percent.

About the same time clients make Social Security decisions impacting the income side, they confront even more complexity in deciphering Medicare choices on the expense side.