Improperly using retroactive instead of reinstatement is causing much confusion among Social Security representatives, advisors and individuals regarding implementing a file-and-suspend strategy for government retirement benefits. So reports Kitces.com.
Deloitte’s Annual Defined Contribution Benchmarking Survey has found that the most common reason employees don’t enroll in retirement plans is a lack of understanding of the programs. So reports benefitspro.
Recent Natixis Global Asset Management research has found that individuals who work with financial advisors are more likely to take appropriate actions to save for retirement. So reports The Washington Post.
Investors who have maxed out their IRA and company retirement plan contributions may want to consider funding health savings accounts as the programs have generous tax provisions. So reports Morningstar.