Month: September 2012
Spouse’s Consent Is Required to Change Retirement Account Beneficiary
Why does a married person who has certain kinds of accounts have to get his or her spouse’s permission to change the beneficiary of those accounts?
Should the 401(k) Be Reformed or Replaced?
John Greene worked for 30 years at an Oscar Mayer plant in Madison, Wis., deboning hams and loading boxes of hot dogs. His plan grew to $60,000, and soon after retiring he began withdrawing $3,600 a year from it, money that allowed him and his wife to take what he called a wondrous two-week trip […]
Pension tension in store
Two companies controlled by the daughters of the late millionaire owner of Spag’s Supply Inc. have filed for bankruptcy with $6.1 million-plus in unfunded pension liabilities for 400 former employees of the defunct no-frills discount store.
Protecting our benefits
Are your health and retirement benefits protected? If you’re one of the lucky ones who still has a job with benefits, you should be very grateful.
DNC platform short on details for private-sector retirement plans
Private-sector retirement plans got a passing mention Tuesday at the Democratic National Convention, where the party platform focused on Social Security.
Weak jobs rate in Michigan may be ‘the new normal’
Labor Day means more than a chance to relax and eat hot dogs. It’s also a time to reflect on the challenges facing the American worker. (NOTE: this article also appeared in USA Today.)
