The fiscal year ends in less than three months, and financial advisors face a challenge: reassuring their clients about changes to retirement plan required minimum distribution, or RMD, laws. Over the past four years, two laws have changed the rules regarding RMDs. There is confusion, says Scott Bishop, managing director at Presidio Wealth Partners in …
Saving for retirement is a crucial part of everyone’s financial planning. I have recommended before that dividing your money into multiple accounts helps you see all of your savings goals separately. A lot of this involves taking advantage of retirement-specific accounts to invest in your future. So how can different types of accounts meet your …
BlackRock offers target date exchange-traded funds aimed at helping people save for retirement outside of a 401(K) plan. Investors can select a fund from a new group of professionally managed ETFs that most closely matches their retirement date. On the scheduled date, the funds will be transferred into the iShares Target Retirement ETF, according to …