Luck of the Draw
In this second installment of our series on retirement risks, we examine sequence-of-returns risk: what it is, what it can cost, and how best to deal with it.
Holiday Cheer
Forget doom-and-gloom. Recent research suggests that the Crash of 2008 will not prevent most Boomers from retiring as planned.
Ally, Ally, InFRE
The International Foundation for Retirement Education, directed by Kevin S. Seibert, CFP, has been certifying retirement advisors since 1997. Now the certifier itself is certified.
Dubya’s Lingering Gift
Tax rates are obviously northbound. So high-bracket folks should convert to Roth IRAs next year, right? Not necessarily, advisors told us.
Featured
Wanted: Iconoclasts
"Like the 8th-century Byzantine church, the nexus of Washington and Wall Street has grown corrupt," says Hutchinson, who writes the Bear's Lair column at PrudentBear.com, where this article first appeared.
Letting the GLWB Out of Its Cage
The "Ruin-Contingent Life Annuity" proposed by Moshe Milevsky's QWeMA Group would liberate the guaranteed lifetime withdrawal benefit from the confines of variable annuities and separately-managed accounts.
News
Estate Tax Extension Awaits Senate Vote
With passage by the House, the bill now has to make it through "the gauntlet that is the Senate."
Proposed Law Would Give Annuity Estimates to 401(k) Participants
The measure is patterned on the Social Security Administration's annual statements, which since 1989 have informed working Americans of estimated monthly benefits based on their current earnings.
More Advisors Using Bucket Methods—FPA
Almost half of the planners surveyed also said they gained between four and ten new retirement income clients in the last year.
Allotted $700 Billion, TARP May Cost Far Less
Democrats plan to divert about $70 billion from what is left in the bailout fund to construction projects, credit to small businesses and aid to state and local governments.
New Retirement Team at BoA Merrill Lynch
Andy Sieg's Retirement & Philanthropic Services division is responsible for over $450 billion in client assets.
