Annuities

Secure 2.0 authorizes Congress and will bring changes to the retirement system

Secure 2.0 authorizes Congress and will bring changes to the retirement system

Michael Godek | time | Getty Images Three years after the Secure Act of 2019 introduced the first major changes to the US retirement system in more than a decade, more changes are on the way. Dozens of retirement-related provisions known collectively as ‘Secure 2.0’ are included in a $1.7 trillion omnibus appropriations bill that …

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'Secure 2.0' on track to usher in changes to pension system

‘Secure 2.0’ on track to usher in changes to pension system

Bill Koplitz | time | Getty Images Another round of changes to the US pension system appears to be underway. A set of pension-related provisions known as “Secure 2.0” are included in a 4,100-page, $1.7 trillion spending bill – which would fund the government for the 2023 financial year – that has was unveiled on …

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For retirement changes in Secure 2.0, December is do or die time

For retirement changes in Secure 2.0, December is do or die time

Samuel Corum | Getty Images News | Getty Images For supporters of Congressional proposals aimed at improving the American retirement system, these few weeks promise to be difficult. Lawmakers return to Washington next week to complete the so-called lame session – the legislative period between the midterm elections and the new Congress, which begins Jan. …

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The importance of risk profiling in financial planning | Financial advisors

While investors tend to have their eyes fixed on the expected returns from their investments, responsible investing must also consider risk. Managing the trade-off between risk and return is the basis of successful investing. Therefore, financial advisors tasked with helping investors achieve their financial goals must be mindful of risk. There are four key elements …

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