Retirement planning

Private equity wants a larger piece of the .5 trillion workplace retirement plan market

Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market

David Bale2 days ago011 mins

Lordhenrivoton | E+ | Getty Images The first Trump administration opened the door to allow private equity into workplace retirement plans. Now, private equity firms are working to play a bigger role in workers’ portfolios, which experts say has potential risks and rewards for investors. “It’s a train that’s already been gearing up, and folks…

Op-ed: Here’s what you need to know about retirement savings if your employer merges or is acquired

David Bale1 month ago09 mins

Momo Productions | Digitalvision | Getty Images Mergers and acquisitions happen all the time between companies of varying size and notoriety. These can be a great opportunity for businesses and owners to achieve their strategic or long-term goals, but often leave employees feeling uneasy and confused about what the deal means for them — especially…

Cryptocurrency options in 401(k) plans: Here’s what to know to make the most of your workplace retirement plan

David Bale2 months ago06 mins

The rally in bitcoin and other cryptocurrency prices has generated excitement among some investors, but investment advisors are largely still skeptical that those volatile assets belong in a 401(k) plan or other qualified retirement savings plans. Crypto was one of the fastest-growing categories of exchange-traded funds in 2024. The most popular of these funds, the…

Economists have ‘really had it wrong’ about recession, market strategist says

David Bale3 months ago04 mins

David Zervos, Jefferies Scott Mlyn | CNBC The Federal Reserve is expected to cut interest rates by another quarter point at the conclusion of its two-day meeting next week. “Two years ago … 3 out of 4 economists were saying we’re going into a recession,” David Zervos, chief market strategist for Jefferies LLC, said during CNBC’s…

That Roth IRA conversion comes with a tax bill — here’s how to pay for it

David Bale3 months ago03 mins

Srdjanpav | E+ | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. When a Roth conversion is completed, you’ll owe regular income taxes on the converted balance, based on your current-year taxable income. Ideally, you’re “managing the tax bracket,” said CFP Jim Guarino, managing director at…

Here’s what to know before taking your first required minimum distribution

David Bale3 months ago04 mins

Grace Cary | Moment | Getty Images After decades of building your nest egg, you will eventually have to start taking required minimum distributions, or RMDs, from pretax retirement accounts. The first RMD can be tricky, according to financial experts. Since 2023, most retirees must begin RMDs at age 73. The first deadline is April…