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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
  • Retirement savings smaller in South Florida

    Retirement savings smaller in South Florida
    It's tough to save for retirement when you're working in South Florida. People here had an average of 20 percent less than the national average in their 401K retirement accounts — $76,700 vs. $91,800 — by the end of March, according to a...
  • The rich get government handouts just like the poor. Here are 10 of them

    The rich get government handouts just like the poor. Here are 10 of them
    In case you are still skeptical that many of the non-poor — and, in fact, a lot of the rich — receive benefits from government too (for which we don't make them pee in a cup or promise not to buy luxuries), we've rounded up some more...
  • Letters to the editor

    Letters to the editor
    Fixing Illinois' pension mess won't be easy One of the ironies of the pension reform law that the Illinois Supreme Court struck down is that there was another bill sponsored by Senate President John Cullerton, D-Chicago, in 2013 that gave public...
  • Emanuel waiting for Springfield smoke to clear on budget

     Emanuel waiting for Springfield smoke to clear on budget
    Mayor Rahm Emanuel on Wednesday said the new City Council and his administration would hold off on considering how to raise money to plug massive budget and pension holes. Before having those tough talks on which taxes and fees the city should raise,...
  • San Bernardino's bankruptcy plan favors CalPERS

    San Bernardino's bankruptcy plan favors CalPERS
    San Bernardino's plan to exit bankruptcy has at least one winner, plenty of losers and could have repercussions for other California cities. The city will pay every penny of the almost $50 million it owes to the California Public Employee Retirement...
  • What the Supreme Court 401(k) ruling means for you

    What the Supreme Court 401(k) ruling means for you
    The U.S. Supreme Court broadened protections of workers' retirements with an important decision that increased the responsibilities of the overseers of corporate 401(k)s,  particularly regarding fees charged by mutual fund companies.  The court opened the...
  • Employers must monitor 401(k) fees, Supreme Court rules

    Employers must monitor 401(k) fees, Supreme Court rules
    In a move that could brighten retirement prospects for millions of Americans, the U.S. Supreme Court ruled that employers have a duty to keep watch over 401(k) plans to guard against high management fees that can erode retirement savings. A unanimous...
  • Supreme Court makes it easier to sue over 401(k) retirement plans

    Supreme Court makes it easier to sue over 401(k) retirement plans
    The Supreme Court ruled unanimously Monday in favor of participants in employee retirement plans who object to companies' investment decisions that eat into retirement savings. The justices revived claims by current and former employees of energy...
  • Brainstorming on pension fix abounds after Illinois high court rejected law

    Brainstorming on pension fix abounds after Illinois high court rejected law
    Treat the state's crushing pension debt like a home mortgage and refinance it. Offer public workers a deal to cut pension bills. Fire them all. Let the dust settle on pensions and do nothing to change them. Raise more tax revenue — big time....
  • Preckwinkle tries again on Cook County pension changes

    Preckwinkle tries again on Cook County pension changes
    Cook County Board President Toni Preckwinkle is trying to revive a plan to overhaul government worker pensions, with supporters arguing the proposal is vastly different from changes to state retirement benefits recently struck down by the Illinois Supreme...
  • Angry readers: More taxes after work, more spaces after sentences

    Angry readers: More taxes after work, more spaces after sentences
    My inbox has been deluged with reader comments. That's expected when one proposes that the state tax retirement income. But who knew people were so attached to putting two spaces after a period? For the first time, I turn this column over to my readers....