Early champions of the most ubiquitous retirement plan in the US say it hasn"t lived up to its promise — 5 financial advisers break down where it shines and fails

YouTube screencapThe 401(k) — perhaps the most ubiquitous but frequently underutilized retirement vehicle in the US — came under fire last week in a gloomy article from The Wall Street Journal, in which .....»»

Category: topSource: businessinsiderJan 11th, 2017

India Fails to Break Deadlock on New Sales Tax

The Goods and Services Tax is supposed to simplify India's financial landscape. Indian Finance Minister Arun Jaitley’s plan to launch a new national sales tax next April got a jolt on Saturday after a two-day meeting with state officials ended w.....»»

Category: europeSource: fortuneDec 3rd, 2016

Community banks due a break early in Trump term: Hensarling

Community banks will face less red tape and be able to lend to more small businesses once Congress erases financial rules conceived after the economic downturn of 2008, a leading Republican lawmaker said on Thursday. The plan from Jeb Hensarling, chairman.....»»

Category: topSource: yahooDec 1st, 2016

ASK A FINANCIAL PLANNER: "How do I get around tax penalties if I want to retire early?"

Samantha Lee/Business Insider Certified financial planner Jeff Rose answers: My wife and I have recently made the decision to retire in 10 years. Over the next ten years, we plan to put $40,000 a year into a retirement account and withdraw 3%-4% percent a.....»»

Category: topSource: businessinsiderNov 6th, 2016

7 things financial advisers wish you knew about saving for retirement

Charlie Crowhurst / Stringer / Getty ImagesWish you.....»»

Category: topSource: businessinsiderApr 19th, 2017

How the Rule of 55 affects early retirement

This is what you need to know about the Rule of 55 if you plan to retire early......»»

Category: topSource: moneycentralApr 14th, 2017

Taking Social Security at 62 Would Be a Terrible Idea for Most Baby Boomers

With little saved for retirement, boomers could be digging themselves into a financial hole by claiming Social Security early......»»

Category: topSource: foxnewsApr 1st, 2017

Kroger spends millions on early retirement plan

Kroger Co. has spent $180 million on its first-ever voluntary early retirement buyout plan. Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, recognized a pretax charge totaling about $180 million in the first quarte.....»»

Category: topSource: bizjournalsMar 30th, 2017

Did Hammond Break a 2015 Election Promise?

U.K. Chancellor of the Exchequer Philip Hammond’s budget, short on surprises or giveaways, has one clear takeaway: the government looks set to resist growing pressure for an early election. Hammond increased.....»»

Category: topSource: marketpulseMar 9th, 2017

Will "Financial Neurosis" Destroy Your Retirement Dreams?

It will if you don't have a plan. It will if you don't have a plan......»»

Category: topSource: forbesFeb 21st, 2017

The internet is not a failed state

The web has lived up to its early promise, despite trolling and fake news.....»»

Category: topSource: ftFeb 21st, 2017

FA Center: Plan for the inevitable: Why financial advisers need to think about succession

How will financial advisers help their clients transition from their advice to someone else’s?.....»»

Category: topSource: marketwatchFeb 18th, 2017

Trump Moving To Delay Rule That Protects Workers From Bad Financial Advice

A lobbying battle is being waged over a rule requiring financial advisers to act in their clients' best interest in retirement planning. It pits financial firms against consumer and retiree groups......»»

Category: topSource: nprFeb 17th, 2017

10 ways to retire early — it’s not easy, but it’s doable

Your money in retirement isn’t what it used to be — how to plan ahead.....»»

Category: topSource: marketwatchFeb 14th, 2017

Trump advisers" tax credit plan for infrastructure has risks

A plan to revitalize America's aging infrastructure put forward by two Trump administration economic advisers relies on a transportation financing scheme that hasn't been tried before and comes with significant risks......»»

Category: topSource: foxnewsFeb 7th, 2017

Trump moves to ease Wall Street regulations, review "fiduciary rule" for retirement advisers

U.S. President Donald Trump signed two executive actions aimed at reforming financial services regulations on Friday. One was an executive order to review the 2010 Dodd-Frank Act regulating banks and the other was a presidential memorandum .....»»

Category: topSource: yahooFeb 3rd, 2017

​The power of hiring trusted financial, business and life advisers

What do you want in business or life and what is your plan to get it? These are the two most important questions I always want to ask when I meet someone. Call me curious. It’s my nature. If you don’t know where you’re going, clearly you ha.....»»

Category: topSource: bizjournalsJan 24th, 2017

Market Extra: U.K.’s May offers escape hatch to banks, car makers in Brexit plan speech

U.K. Prime Minister Theresa May hints to the British financial services industry and auto makers that she’ll seek to get special trade deals for those sectors, even as the country is heading for a break from the EU and its single market......»»

Category: topSource: marketwatchJan 18th, 2017

Exxon Mobil Cashes Out Ex-CEO Tillerson Ahead of Confirmation Hearings

Exxon Mobil has awarded former Chief Executive Rex Tillerson a $180 million retirement package as the company moves to break financial ties with President-elect Donald Trump’s nominee for secretary of state......»»

Category: smallbizSource: wsjJan 4th, 2017

Exxon Cashes Out Ex-CEO Tillerson

Exxon Mobil has awarded former Chief Executive Rex Tillerson a $180 million retirement package as the company moves to break financial ties with the nominee for secretary of state......»»

Category: topSource: foxnewsJan 4th, 2017

The Wall Street Journal: Exxon Mobil grants Tillerson $180 million retirement package

Exxon Mobil Corp. has awarded former Chief Executive Rex Tillerson a $180 million retirement package as the company moves to break financial ties with President-elect Donald Trump’s nominee for secretary of state......»»

Category: topSource: marketwatchJan 3rd, 2017