Lawsuit charges business owner diverted 401(k) money
The U.S. Department of Labor is suing a Dover businessman in federal court for failing to deposit some of his employees’ contributions into retirement accounts before his printing company went out of business.
Retirement Reform Grumbles Spark Rebukes
Brokers are bracing for federally mandated change in how they explain fees and present information to their retirement-minded investors. The grumbles have begun, but defenders of the law are also speaking up.
What Do Retirement Plans Need In Order to Work?
For defined contribution plans to work, large U.S. retirement plan sponsors believe they should be mandatory, and include auto enrollment, savings escalation and employer contributions, according to a study released on Monday by Northern Trust.
Job market squeezes many seasoned workers
Retirees wanting to work struggle to find employment.
Survey shows American workers are delaying retirement
The economic downturn has many Americans postponing retirement to build up lost savings, a national survey recently found.
Retirement not option for many Oklahomans
Many Oklahomans are working well past age 65 to make ends meet.
New Help for Figuring Retirement Savings
The AARP recently released a new retirement calculator aimed at making it easier to figure out how much people need to save for retirement, whether they are on track to retire when they want, what they can do to ensure a better retirement lifestyle or if they can retire earlier.
Should you tap retirement savings to pay down credit card debt?
You should avoid taking withdrawals or loans from a retirement plan if at all possible.
U.S. retirement system ranks 10th — out of 14
Netherlands tops list; China comes in last.
Raising the retirement age is a bad idea
When people talk about “raising the retirement age,” they normally mean raising the “full-retirement age.”
Slump Forced People to Think More about Retirement: Hartford
More Americans say they are focusing on saving for retirement, thanks to the impact of the Great Recession on many people’s finances, according to research by the Hartford Financial Services Group Inc.
Next 15 Years Could Be Brutal for Boomers Saving for Retirement
Study predicts boomers won’t be able to save enough to retire, because market won’t grow that much over next 15 years.
