Month: September 2012
The Tightwire Act of Living Only on Social Security
Living on an inflexible budget, one that teeters on the brink of poverty, is not what most people equate with retirement. But that is pretty much what anyone who lives solely on Social Security can expect.
For Top Executives, Richer Retirement Plans
With traditional pensions disappearing, tax rates and the future of Social Security in flux and even well-known businesses facing financial trouble, many workers are worried that their company retirement plans will not provide enough income. But for the upper tier of executives, these trends could actually lead to richer corporate perks as management moves to […]
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.)
