Tag: Pension Rights Center|Traditional (defined benefit) pensions
Pension Advance Transaction Firms Use ‘Questionable’ Practices, GAO Report Says
An undercover Government Accountability Office investigator looking into firms that offer pension advances received offers with effective interest rates that mostly ranged from 27 percent to 46 percent, at times far exceeding the legal limits set by states on the interest rates assessed for various types of personal credit, the GAO said in a new […]
How to read your pension plan’s annual funding notices
If you’re a participant in a pension plan, you’ve probably received or will soon receive what’s called the plan’s “annual funding notice.”
Lord, won’t you buy me a new pension plan
Lord, won’t you buy me a new pension plan My 401(k) savings fit in a tin can I need me some money so I can survive Or I’ll be living in my old Porsche when I’m 65 The foregoing is excerpted from a speech given by Karen Friedman, Executive Vice President and Policy Director of […]
