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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 67-77
  • Tweeters have retirement questions. We've got answers

    CHICAGO (Reuters) - Individual Retirement Account contributions are getting larger - an encouraging sign of a recovering economy and improved habits among retirement savers. But there is an "I" in IRA for a reason: investors are in charge of managing...
  • L.A. violated labor law in rolling back pension benefits, report finds

    An independent hearing officer Monday dealt a major setback to Los Angeles' effort to rein in public employee pension costs, concluding that elected officials violated labor law when they voted to roll back retirement benefits for new civilian workers...
  • Women planning retirement face challenges [Commentary]

    Women planning retirement face challenges  [Commentary]
    The working population is heading toward retirement like lemmings to the edge of the cliff — about 10,000 Americans turn 65 every day. And although that age is no longer the hard and fast stop date it was in the past, it is certainly a watershed...
  • Supreme Court ruling signals trouble for state, Chicago

    Supreme Court ruling signals trouble for state, Chicago
    The Illinois Supreme Court ruled today that subsidized health care premiums for retired state employees are protected under the Illinois Constitution, signaling potential trouble for an overhaul of pension benefits that’s also being challenged in...
  • Under certain conditions, you can sign up for health insurance outside open enrollment

    Q: I'm planning to retire later this year, after I turn 62, and I won't have retiree health insurance. Can I sign up for coverage on my state's exchange, even though it will be after the open-enrollment deadline? Also, my income will be much lower after I...
  • Why and how should you start saving for retirement before you hit 35

    Brazen Careerist The news is full of articles about how few baby boomers are prepared financially for retirement. Yet many retirees have plenty of money to get through their golden years. Why are some baby boomers financially prepared for retirement...
  • Mayor's pension fix: Tax, cut

    Mayor's pension fix: Tax, cut
     Mayor Rahm Emanuel is proposing to raise property taxes and cut retirement benefits for some city workers to start digging out of a massive pension debt he inherited.    But the proposal the mayor and his top aides outlined late Monday would not...
  • Emanuel rules out city income tax for pension fix

    Emanuel rules out city income tax for pension fix
    Mayor Rahm Emanuel on Wednesday ruled out creating a city income tax as a way to shore up the city’s municipal and laborers’ retirement funds while describing the $250 million property tax increase he wants to pay for the pension changes as...
  • Emanuel ally: Pension plan won't solve $600 million problem

    Emanuel ally: Pension plan won't solve $600 million problem
    As reaction rolled in Tuesday to Mayor Rahm Emanuel’s pitch to shore up some of the city’s ailing pension funds, his chief City Council ally noted what the proposal is missing so far: a way out of Chicago’s most immediate financial...
  • State income tax a study in expediency

     State income tax a study in expediency
    Gov. Pat Quinn sought to make the 5 percent income tax rate permanent in his budget address last week. The Illinois income tax, conceived in the 1960s as a Republican-led initiative, has now become a complex problem vexing the Democrats who control...
  • Cook County pension changes clear Senate

    Cook County pension changes clear Senate
    SPRINGFIELD — Cook County Board President Toni Preckwinkle got a government worker pension overhaul through the first couple hurdles at the Capitol on Tuesday, but she’s still not saying how she’d come up with more money to pay for the...