What’s In Their Wallets?

Vanguard inventoried the wealth and income of affluent older Americans and found that a surprising number of them are still receiving defined benefit pensions. Income-wise, Vanguard identified eight types of afflluent retirees.

‘Smart,’ from UK, Enters the US PEP Market

'Smart' is the recently-launched American branch of a British fintech with expertise in a kind of retirement savings plan that's called a 'master trust' in the UK and a 'pooled employer plan' or PEP in the US. RIJ interviewed two of its top executives.

Research Roundup

Almost every controversial subject in the US today--from Fed policy to machine learning to immigration--contains an element or theme related to retirement policy. The articles reviewed in this month's Research Roundup are proof of that.

‘iTDFs’ Smooth the Bumps of Retirement Income

A former chief actuary of Denmark seeks a US target date fund company that might use his technology, the 'iTDF,' to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement.
Featured

Getting the Exclusion Ratio (Without Annuitizing)

AXA and, most recently, Lincoln Financial, are marketing variable annuities that combine investment flexibility with variable income options that (for non-qualified contracts) allow regular tax-favored distributions without annuitization.
News

Zombie Politics

America is paralyzed by short-sighted, long-lasting tax and entitlement policies that deceased politicians locked us into. In his new book, "Dead Men Ruling," economist Eugene Steuerle of the Urban Institute says its time to restore 'fiscal democracy.'