‘I’ll be robbed twice in one lifetime’: Retirees fearing financial disaster wait for pension rescue
For Carol Podesta-Smallen, the pain of a broken promise grows worse with time. The Garfield, N.J., retiree framed her first pension check, along with a picture of herself and her husband. “That was our retirement,” she says, referring to the monthly benefit she earned after 26 years as a clerical worker.
Lawmakers want to help retirement savers find their lost 401(k) and pension plans
Help may be on the way for workers who lose track of their 401(k) accounts as they move from job to job throughout their careers.