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Retirement

A collection of news and information related to Retirement published by this site and its partners.

Top Retirement Articles

Displaying items 45-55
  • Union-backed PAC blasts Rauner in TV ad

    Union-backed PAC blasts Rauner in TV ad
    A political action committee backed by public employee unions launched its first general election TV ad today, criticizing Republican governor candidate Bruce Rauner over taxation of the elderly. Officials from the Illinois Freedom PAC would not...
  • Labor board orders L.A. to rescind pension cuts for new workers

    A labor relations panel moved Monday to strike down a 2-year-old law that rolled back retirement benefits for newly hired Los Angeles city employees, handing a defeat to the politicians who are trying to rein in growing employee pension costs. The five-...
  • Labor board orders L.A. Council to rescind pension cuts for workers

    Labor board orders L.A. Council to rescind pension cuts for workers
    A five-member panel that handles labor complaints at Los Angeles City Hall handed a stinging defeat to the city's political leaders on Monday, voting to strike down Los Angeles' bid to rein in retirement costs for civilian employees. The Employee...
  • Reduce lifestyle before tapping home equity to refinance debt

    Dear Liz: My wife and I accrued $28,000 of credit card debt over the past eight years. In addition to a sizable student loan bill for law school, our home mortgage and the expenses associated with three young children, we are struggling to get ahead...
  • Five questions for financial gerontologist Cyndi Hutchins

     Five questions for financial gerontologist Cyndi Hutchins
    As baby boomers ebb out of the workforce and into retirement, financial advisers are helping wind down their clients' careers by preparing them for soon-to-be-reduced incomes. Meet Cyndi Hutchins, Bank of America Merrill Lynch's director of financial...
  • Offering state-sponsored retirement accounts to private-sector workers

    California Senate President Pro Tem Kevin de Leon's "second mother," his Aunt Francisca, spent most of her 74-plus years cleaning houses for people who had pensions through their employers or were wealthy enough to set aside money in their own...
  • Why your 401(k) isn't likely to offer a 'longevity annuity'

    CHICAGO (Reuters) - Longevity risk - that is, the risk of outliving your retirement savings - is among retirees' biggest worries these days. The Obama administration is trying to nudge employers to add a special type of annuity to their investment menus...
  • Nudge new graduates toward 401(k) plans

    Your new college graduate is dipping his toe in the workplace, learning the technology, figuring out office protocol and fixating on the first assignment. With all that excited anxiety, it is easy to overlook the section of the HR employee handbook...
  • Family finances: tax breaks for the middle class

    If you believe that tax breaks are for millionaires and companies with offshore subsidiaries, you're probably paying too much to the IRS. The tax code offers a slew of incentives for buying a home, starting a family and saving for retirement. Once you...
  • Federal court upholds mayor's pension overhaul

    Federal court upholds mayor's pension overhaul
    A federal appeals court on Wednesday upheld Mayor Stephanie Rawlings-Blake's overhaul of Baltimore's police and fire pension system, but left open avenues for the unions to keep fighting. "I'm certainly pleased with the court's ruling," Rawlings-Blake...
  • Putting out the fire

    Putting out the fire
    North Riverside is a small town with a big problem: It can't make its pension payments. The west Cook County suburb of 6,700 people faces a $1.9 million budget deficit. One big reason for the gap is that it has to make a $1.8 million payment to its...