Author: dcadmin

A big week in retirement security
Each year the State of the Union address allows the President to have a conversation with the American people while outlining his priorities for the coming year. In this year’s speech, President Obama not only acknowledged that millions of Americans are facing a retirement crisis, he announced the creation of a new savings plan for […]

Sen. Harkin Proposes Bill to Expand Workers’ Access to Retirement Plans
Sen. Tom Harkin (D-Iowa) unveiled long-awaited legislation that proposes to provide all workers with access to a retirement plan through automatic payroll deductions, particularly workers who currently don’t have access to employer-provided retirement plans.

Harkin’s universal retirement plan called a good start despite some hurdles
An ambitious idea for a universal retirement program introduced Jan. 30 by Sen. Tom Harkin, D-Iowa, is being welcomed for advancing a national debate on ways to improve retirement security, but it faces an uphill climb in Congress.

Corporate pension plans mark sad milestone
Corporate America’s move away from defined benefit plans hit a dubious milestone: For the first time since Pensions & Investments began listing the largest U.S. retirement plans, not a single corporate name appears in the ranking of the 10 largest defined benefit plans.