PRC In the News

An X-ray of one affluent, educated and sophisticated investor’s portfolio shows how it was chewed up by fees

Helping an ex-Fortune 500 retiree prepare for her appearance before Congress, the author waded through a mountain of paper only to discover that the woman was likely to outlive her portfolio.

PRC In the News
08/09/13|Chicago Tribune

Tracking down retirement benefits from a previous job

Q: I am 65, retired and living on Social Security. I had a supplemental retirement plan with Joslyn Corp., where I worked for 13 years until January 1979. I have tried all the government databases and Google, to no success. I know the company has been sold, but that’s all I know. Supposedly, I have […]

PRC In the News

How much monthly income will that 401(k) get you?

If you think figuring out how much money to put into your retirement savings accounts is complex, wait until it’s time to take money out.

PRC In the News

401(k)s are a sham

Duped by a DIY retirement dream, the elderly now face staggeringly low living standards

PRC In the News
08/05/13|Pensions & Investments

Labor secretary’s job might be new, but his plate is full

Thomas Perez, the new secretary of labor, will have little time to make an immediate imprint on retirement issues as he inherits the already packed regulatory agenda of the Employee Benefits Security Administration, including a controversial new fiduciary rule.

Comments & Letters

Joint comments to Labor on lifetime income estimates on benefit statements (August 2, 2013)

The Pension Rights Center and the National Women’s Law Center submitted comments to the Employee Benefit Security Administration at the Department of Labor, in support of requiring benefit statements from 401(k)-type plans to include a calculation of how much income the current account balance would provide for life. Related: Joint comments by eight organizations to […]