Chester County News and Community Website
DRESHER, PA — Employers are increasingly positioning nonqualified deferred compensation plans as both an executive retention tool and a financial-planning benefit, while 84% expect artificial intelligence to improve decisions about …
Ascensus Sees AI Reshaping Executive Retirement Plans Read More
HARRISBURG, PA — Gov. Josh Shapiro on Monday promoted Pennsylvania’s first cost-of-living adjustment since 2002 for public employees who retired before 2001, pointing to a state budget provision intended to …
Shapiro Touts Retiree COLA After Two-Decade Freeze Read More
The envelope sits in a drawer. The policy, if there is one, may be tucked into a folder beside old tax returns, retirement statements and documents no one has opened …
The Family Money Conversation Too Many People Never Have Read More
The numbers on the page can make tomorrow feel very far away. A rising grocery bill, another month of housing costs, the balance in a retirement account — each demands …
Americans Are Stressed About Money. They’re Ready to Do Something About It Read More
WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service last week proposed a standardized process for moving retirement savings between employer plans and individual retirement accounts, seeking to reduce …
IRS Pushes Standard Forms to Streamline Retirement Rollovers Read More
HARRISBURG, PA — The Pennsylvania Treasury Department has launched an online financial education hub that consolidates state and federal financial literacy resources into a single website, expanding public access to …
Treasury Expands Financial Literacy Access With Online Hub Read More DRESHER, PA — Ascensus has begun offering Roth contribution options for all new SIMPLE IRA plans, becoming one of the first retirement plan providers to implement a provision of the …
Ascensus Adds Roth SIMPLE IRA Option Under SECURE 2.0 Read More DRESHER, PA — Ascensus has launched a pooled employer plan for nonprofit organizations, expanding its retirement offerings as the company seeks to grow its presence in the market for outsourced …
Ascensus Targets Nonprofits With New 403(b) Pooled Plan Read More
Margaret had saved diligently for decades. Every paycheck, a portion went toward her retirement account. Then, the day finally came: she retired. Suddenly, the hardest part wasn’t the saving. It …
Turn Your Savings Into Paychecks in Retirement Read More
BERWYN, PA — Fiduciary Exchange LLC (FIDx) has integrated Beacon Research’s annuity rate data into its Insurance Exchange platform, a move aimed at simplifying how financial advisors research and select …
FIDx Integrates Beacon Data to Streamline Annuity Sales Read More