Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
2021 Social Security COLA Officially 1.3%
Another twenty bucks a month is what the average retired worker receiving Social Security benefits will receive in 2021 after the Social Security Administration announced today that the official Cost of Living Adjustment (COLA) for next year will be an increase of 1.3%.
TSP News: 401(k) Millionaire Club Grows, Returns Dive in September, Default Rate Rises in October
It’s a good news/bad news scenario when it comes to the latest developments out of the world’s largest…
A Good Move: Moving Company Transfers Nearly $2 Million to Employees’ 401ks
In a year filled with more than its fair share of bad news, here’s some good news about…
T. Rowe Price Adds SoFi Student Loan Solutions to Financial Wellness Offering
T. Rowe Price Retirement Plan Services, Inc. announced this week it will launch a suite of student loan…
Most Americans Get ‘F’ on Financial Literacy Test
Most Americans fail when tested on financial literacy, with just 58% of questions answered correctly on average in new NFEC study.
Schwab Finalizes $22 Billion TD Ameritrade Acquisition
Charles Schwab today announced that it has completed its acquisition of TD Ameritrade, in an all-stock deal valued at $22 billion.
Dems Say DOL Proxy Voting Proposal Hurts Retirement Savers
The Department of Labor has again drawn the wrath of Democratic lawmakers, who on Friday submitted a comment…
Fidelity Adds $148 Billion to Workplace Benefits Platform in 2020
Fidelity Investments reported Oct. 2 that it has added more than $148 billion in assets from new workplace…
5 Developing Threats to Retirement Security
Natixis report identifies five specific issues that the firm believes present the greatest threats for retirement security in the future.
Airline Industry Headed for Black Thursday with Mass Layoffs Expected
Oct. 1, 2020, is looking like a particularly dark day in history for the U.S. commercial airline industry,…