Saving for retirement is becoming an afterthought
Joanna Harris is the rare mother of two, juggling work and family, who is even thinking of retirement planning amid this horrible economy.
Cash out 401(k) or file bankruptcy?
I lost my job and have used all of my severance money. I have $55,000 in credit card debt. Should I use money from my 401(k) or file bankruptcy?
Are Your Employee Benefits Guaranteed?
What happens to your employee benefits such as health care and pensions if your company files for bankruptcy protection?
Rule change takes aim at ‘schlocky advice’
DOL pushes to expand ‘fiduciary’ definition to offer more protection to investors.
Older Workers Losing Faith in 401(k)s
Current workers over age 50 no longer think their 401(k) will propel them to a secure retirement.
Workers relying on ‘guesswork’ in managing retirement plans
Many go by ‘gut feeling,’ survey finds; most admit they’re not saving enough for old age.
Because We’re Living Longer, More Americans Will Run Out of Money in Retirement than Previously Expected
Financial planners now predict we could live an average of 30 to 40 years in retirement not the 20 to 30 years as previously believed.
Ex-Wife Entitled to 401(k) Account Balance
Even though an ex-wife waived her right to her now-deceased ex-husband’s 401(k) plan savings, she is still entitled to the money, a federal judge in New Jersey has ruled.
American Workers Leaving Retirement Savings on the Table
Many Americans aren’t rolling their retirement savings into an individual retirement account or a new 401(k) when they switch employers, Dutch bank ING Direct says.
New Congress means little pension action ahead
The Republican takeover of the House combined with the narrow retention by Democrats of their Senate majority in Tuesday’s election means that executive branch agencies will be taking the lead on pension issues over the next two years, pension industry lobbyists said.
Will Your 401(k) Plan Survive?
Recent market turmoil and regulatory changes are driving both employers and workers to reassess their retirement plans.
Social Security rules penalize California public employees
In retirement, Maggie Ellis, like tens of thousands of her teaching colleagues — and firefighters, police officers, and other public employees in California and a dozen other states — will face the consequences of two little-understood provisions of Social Security.
