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James Lange

Can Your Employees Hold You Responsible for the Performance of Their 401(k)?

By James Lange A Supreme Court ruling in 2015 has given employers who offer retirement plans to their employees an enormous wake-up call. The employees at a California utility company successfully sued the firm over the cost of participating in their 401(k) plan. The court unanimously ruled that the company failed to meet its legal […]

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James Lange

New Rules Will Increase Tax Burden on Inherited Retirement Plans

By James Lange Sally, a successful small business owner, knows how to stretch a dollar. Her clients and four employees value her financial acumen, and she brings the same keen discretion to her personal finances. Thirty years ago, Sally inherited what was left in her father’s IRA and by limiting her withdrawals to the minimum […]

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James Lange

American Women are More Likely to Suffer Financially in Retirement than Men

By James Lange Recent studies have shown that women, even those who worked outside of the home, are much more likely to slip below the poverty line in retirement than men are. Approximately 8 percent of adults aged 65 and older must rely on food stamps to survive and, of those, two-thirds are women. Why […]