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.
SEC Fines 8 Broker-Dealers for Cybersecurity Failures
The SEC today announced it has sanctioned eight firms in three actions for failures in their cybersecurity policies and procedures.
4 in 10 Participants Don’t Understand 401(k) Fees—Or Know They Even Pay Them
Almost 40% of 401(k) plan participants do not fully understand and have difficulty using the fee information that…
Pandemic Leads to Big Spike in Social Security Beneficiary Deaths
Nearly 400,000 more Social Security beneficiaries died in 2020 than in 2019 according to newly released information, highlighting…
Most Retirees Wait Until RMDs to Tap Retirement Accounts
New research paper shows most people don’t tap retirement accounts before required withdrawals (RMDs), and then only withdraw the minimum.
New Cyber, Fiduciary Liability Package Protects 401k Plan Sponsors from Growing Risk
In response to the Department of Labor’s April 2021 guidance on cybersecurity and data privacy, Colonial Surety recently…
Clock About to Start Ticking on Lifetime Income Illustrations
Twenty-five days. That’s how long until the Department of Labor’s Interim Final Rule pertaining to the new lifetime…
‘Retirement Plan Exchange’ Debuts from Transamerica, UBS
Transamerica today debuted a “Retirement Plan Exchange” for small- and mid-size businesses featuring the UBS Retirement Plan Manager program.
‘Eye-Popping’ Percentage of Americans Paid No Federal Income Tax Last Year
Due to the COVID-19 pandemic and the U.S. government’s policy response to it, roughly six in 10 Americans…
Latest Social Security Bill Seeks to Keep Vulnerable Americans from Poverty
The latest Social Security-related legislation to be proposed on Capitol Hill is a bill introduced this week by…
Record 401(k) Savings Rates, Account Balances Revealed in Fidelity Q2 Retirement Analysis
There’s plenty of good news in Fidelity’s just-released second quarter retirement analysis, including record-high 401(k) savings rates and…