News Center

Here's What's Wrong With Raising RMD Age to 75, According to Retirement Experts

ThinkAdvisor

Apr 16, 2021

As Congress debates the bill commonly known as the SECURE Act 2.0, many retirement planning and wealth management experts are decrying a portion of the bill that would raise the age for required minimum distributions (RMDs) from 401(k)s and other retirement accounts to 75 from the current 72.

Voices: Rules of the Road for New Eligible Accredited Clients

Financial Planning

Apr 16, 2021

For clients of financial advisors who have become accredited investors in their own right, there are always potential pitfalls and complex regulations to work through.

Financial Planning Lessons Regular Folks Can Learn from Professional Athletes

Kiplinger

Apr 15, 2021

Are professional athletes really just like us? While many involved in the world of sports may receive larger paychecks than the average American, they also face myriad financial challenges all their own: some familiar, and others distinct to their particular situation.

Breaking Down the Financial Strength of Social Security

Yahoo! Finance

Apr 15, 2021

With the COVID-19 pandemic’s disruptions to the economy and traditional retirement planning, many older Americans are depending more and more on their Social Security benefits.

How to Save for Retirement When You Don't Have a 401(k)

Consumer Reports

Apr 14, 2021

For many Americans saving for retirement, 401(k) accounts provided by employers are a primary pillar of retirement planning. But for those who don’t have access to these plans, what other alternatives exist that can help advisors set clients up for success in retirement?

Retiring Soon? Why the Popular 4% Withdrawal Rule May Be a Bad Idea

CNBC

Apr 13, 2021

For many older Americans, retiring from the workforce in 2021 may seem like a good idea when faced with the current rebounding stock market and the prospect of long-term unemployment due to the COVID-19 pandemic.

Changing the Trajectory: Empowering Economic Justice Through Financial Literacy

Changing the Trajectory Podcast

Apr 13, 2021

As part of the mission of The College’s new Center for Economic Empowerment and Equality, our faculty and thought leaders are focusing on ways to bring financial literacy to the forefront in working with underserved communitie

2021 Retirement Drawdown Strategies For High-Net-Worth Retirees

Forbes

Apr 12, 2021

In the shifting financial environment brought about by the COVID-19 pandemic, new regulations, and other factors, retirement drawdown strategies are having to be shifted up and down the income scale.

Why Advisors Can't Close The Gender Financial Literacy Gap Alone

Financial Advisor

Apr 09, 2021

According to multiple studies and general financial services industry experience, women looking for financial advice are often lacking the confidence of their male counterparts—even though both groups score comparatively low in actual retirement planning knowledge.

True or False: You Can Be Denied Life Insurance if You Haven't Gotten a COVID-19 Vaccine

Money

Apr 08, 2021

In the uncertainty surrounding the ongoing drive for COVID-19 vaccination, some corners of the Internet abound in conspiracy theories about potential ramifications on clients’ finances: namely, that not having a vaccine will make it impossible to get life insurance.