Pension deficits and cash hoard of corporations
While U.S. corporations are hoarding record levels of cash on their balance sheets, their pension deficits have also soared.
Living on less in retirement
A lot of the talk about retirement planning focuses on big dollars — $1 million 401(k)s and maxing out Social Security by holding out until age 70, when you could potentially collect nearly $50,000 per year. For most people, retirement doesn’t work out this way.
Families struggle to build nest egg in wake of recession
For decades, Americans have largely counted on the stock markets and real estate to finance life’s biggest expenses, from their children’s college to retirement.
Senate passes Roth 401(k) rollover provision
Employers would be allowed to amend their 401(k) plans immediately to allow participants to roll over account balances into Roth 401(k) plan accounts under a bill the U.S. Senate passed Thursday.
A Hesitancy to Restore Those 401(k) Matches
Twice in the last decade — in 2002-3 and 2008-9 — thousands of companies suspended or shrank their 401(k) matching contributions to save money during economic downturns.
This Investment Won’t Save Your Retirement
A retirement savings crisis is brewing, and millions of workers are unprepared for the financial consequences.
Older workers can shine — but will they get chance?
Employers stay wary even as BMW pilot program demonstrates productivity. Part 3 of a 3-part series.
Insurers Press U.S. to Let Employers Offer Annuities in Retirement Plans
It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, insurers told Labor and Treasury department officials today.
Baby boomers long to retire, but can’t
The sad reality is that many members of the baby boom generation are shell-shocked from their recession-related financial losses and have no idea what kind of shape they are in for retirement. Part 2 of a 3-part series.
Economy Takes a Toll on Retirement Planning Process
Ameriprise Financial’s second New Retirement Mindscape study finds significant changes compared to 2005 among those three to five years away from retirement.
Millions of Americans confront uncertain futures
Growing old has never been for wimps. But now it’s really getting tough. Part 1 of a 3-part series.
