Retirement Accounts

A pension is a fixed sum to be paid regularly to a person, typically following retirement from service. There are many different types of pensions, including defined benefit plans, defined contribution plans, as well as several others. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.The terms retirement plan and superannuation refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government or other institutions such as employer associations or trade unions.
Posts about Retirement Accounts
    • What a Missouri Will Can’t Do

      What a Missouri Will Can’t Do A last will and testament is an expression of a person’s intent for the resolution of financial affairs upon death. Because this is an expression of personal choice, many testators—those with wills—are surprised to learn that the law limits wills, and probate courts will not enforce certain provisions. 10 readers -
  • Important Provisions in Your Will

    … property. Prevent this and other estate problems by consulting with an experienced St. Louis estate planning attorney. By accessing the right legal tools, your estate attorney can give your wishes the full force of law—even after you can no longer enforce them yourself. What Provisions Should My Will Include? You can achieve many different goals… 13 readers -
  • Estate Planning Basics

    … in place, the court has no idea what your last wishes were. Learn more about estate planning basics from the America Bar Association (ABA). Steps to Proper Estate Planning The first step you want to take when you are planning what happens to your estate is to gather a list of your current assets. Include things such as property, money, stocks…

    The Law Office of Jeremy Howe- 11 readers -
  • Estate Planning Steps to Take Before, During, and After a Divorce

    … or are incapacitated. Any plans that you made (or didn’t make) while you were married are likely to drastically change before, during, and after the course of your divorce. Here’s a look at the important issues you face at each stage. 1. Before you file for divorce In Oregon, before you file for divorce, it’s a good idea to sit down with an estate planning…

    Brasier Law- 19 readers -
  • Concealed or Hidden Investment Fees? SEC Whistleblower Post

    … for SEC Whistleblower actions. The whistleblower lawyers at MahanyLaw are investigating claims that investment funds are overcharging or concealing fees from investors. If you have inside information about one of these violations, please contact us immediately. You may be entitled to a large cash award through the SEC whistleblower program. Keep…

    Due Diligence- 12 readers -
  • Probate vs. Non-Probate Assets

    …, and trailers. Beneficiary deeds for personal property that does not have a title Beneficiary designations on intangible personal property such as retirement accounts, and insurance policies. Property held in trust.2 Non-probate transfers will avoid the timely and public process of the probate court and allow assets to transfer quickly… 14 readers -
  • LPL Standardizes Brokers' Product Commissions

    … Department of Labor Fiduciary Rule issued in April. The new rule issued by the DOL has made it necessary for LPL to standardize commissions and share classes it pays brokers when they sell all investment products, not just retirement accounts. LPL also is working on standardizing commissions for alternative investment products like non-traded real…

    Eccleston Law Offices- 9 readers -
  • Study Shows that Financial-Advice Firms See Record 2015 Earnings, Yet Slowest Growth Since Crisis

    … recommendations for retirement accounts to act in the best interests of their clients. Full implementation of the law is required by the start of 2018. The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today. …

    Eccleston Law Offices- 13 readers -
  • How Can I Avoid Probate?

    … a beneficiary to receive the assets at the time of your death. Common examples include life insurance policies, retirement accounts, and bank accounts. Trusts: Your lawyer can help you establish a trust to avoid probate. In these cases, the trust holds your assets and you set the terms of the trust, which control how and when your assets… 23 readers -
  • DOL Clarifies BICE Exemption Under New Rule

    … for their services provided that they sign a legally binding contract that requires them to act in the best interest of their clients. The language in the final draft of the provision, released in April, stated that an insurance firm was a financial institution as long as the state required an annual audit “by an independent firm of actuaries…

    Eccleston Law Offices- 11 readers -
  • John Oliver's HBO Plug Helps Fiduciary Duty Go Primetime

    … John Oliver’s HBO Plug Helps Fiduciary Duty Go Primetime Posted on Tuesday, July 19, 2016 at 5:52 PM From the Desk of Jim Eccleston at Eccleston Law LLC: The debate over the Labor Department’s regulation to raise investment advice standards for retirement accounts has been waged contentiously by regulators, lawmakers and industry…

    Eccleston Law Offices- 17 readers -
  • SEC Plans to Implement New Fiduciary Rule and Third Party Examinations

    … in an agreeable fashion with the Department of Labor’s version for retirement accounts, which was finalized in April of 2016. In an interview Brown said, “I would hope the SEC is trying to be consistent with what the DOL has done in order to make compliance easier. Otherwise, you could create a very difficult compliance environment.” In addition…

    Eccleston Law Offices- 15 readers -
  • Recovering For Missing Work Due To a Personal Injury

    … as well as losses already incurred. Calculating future lost income can be complex and factors to consider include the following: Hours and overtime hours you would work Benefits you would receive Money that would have been contributed to retirement accounts Lost earning potential Inflation2 and cost of living adjustments State of the economy Often…

    Eric Block/ 22 readers -
  • What Happens to My Retirement Accounts If I Am Terminated?

    … When you lose your job, you may obviously be concerned about losing a steady income and the financial strain your job loss may cause. The good news is that, in many cases, an experienced St. Louis unemployment lawyer can assist you in applying for and obtaining unemployment benefits. Such benefits can significantly improve your financial… 13 readers -
  • The Real Threat to Retirement in America

    …: Should I use retirement accounts to pay off my debts? The real threat to your retirement accounts is YOU. Your retirement accounts are safe from creditors. This means that if you filed for bankruptcy, you could eliminate your debt and keep your retirement account(s). All of it. Also, under California laws, your retirement accounts are protected…

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 30 readers -
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