AOL Reverses 401(k) Policy After Blowback
Like boomers (and all workers for that matter) don’t have enough to worry about when it comes to saving enough for retirement. Now actions by AOL’s Tim Armstrong may be setting a dangerous example for other companies to follow suit.
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 […]
More New Retirement Account Proposals
Americans are way short in their retirement savings and President Obama’s MyRA plan that he unveiled last week isn’t the only new proposal that aims to help with that problem.
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.
Finally, a retirement plan friendly to smaller savers?
Under the president’s plan, myRA retirement accounts would be available to U.S. workers who don’t have access to a 401(k) plan.
How could myRA and other proposals help with your retirement?
The U.S. retirement system isn’t working for millions of American workers. They need more help in preparing for a secure retirement.
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.
Snyder does right thing by helping pensioners
A letter to the editor from PRC Executive Vice President and Policy Director Karen Friedman (scroll down to see the letter)
MyRA for workers whose employers don’t offer retirement plan
President Obama said last week he will add to the panoply of retirement accounts a new one aimed at workers whose employers don’t offer a workplace plan.
Experts split on value of Obama’s new ‘myRA’ retirement account plan
President Obama’s plan to address tough issues facing workers with little or no retirement savings may have issues of its own.
Hello, myRA: Retirement Savings for Beginners
A new acronym has been added to the lexicon of savings and retirement plans – the myRA. That stands for My Retirement Account and is a twist on the well-known IRA or Individual Retirement Account.
