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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
  • The Illinois Municipal Retirement Fund sets a good example

    In “Does it make sense to move state workers into 401(k) plans?” (Perspective, March 11), by Tribune columnists Eric Zorn and Kristen McQueary, McQueary’s argument against defined benefit pension plans mistakenly calls the Illinois...
  • Changes Needed At State Pension Panel

     Changes Needed At State Pension Panel
    Jon Lender's Government Watch column Sunday turned the spotlight on a small, unfamiliar but impactful agency inhabiting the less-traveled corridors of state government, the Connecticut State Employees Retirement Commission, and its once and perhaps...
  • Lobbyist sues to regain big pension he got from 1 day as substitute teacher

    Lobbyist sues to regain big pension he got from 1 day as substitute teacher
    A union lobbyist who qualified for a teacher pension windfall by subbing at a school for one day is now suing a state retirement board because his benefits were scaled back once his sweet deal was exposed. Retired Illinois Federation of Teachers...
  • Stephen Herzenberg: Gov. Wolf's plan moves to resolve state's pension problem

    Stephen Herzenberg: Gov. Wolf's plan moves to resolve state's pension problem
    Gov. Wolf is ushering in a new political opportunity in Pennsylvania. His budget is a home run for Pennsylvanians, actually focusing on things that matter to voters — quality education, more and better jobs, government that works. Despite this new...
  • PB bills on ads in schools, firefighter pensions move forward

    PB bills on ads in schools, firefighter pensions move forward
    Schools in Palm Beach County could hang advertising banners on school grounds for the foreseeable future, and firefighters in West Palm Beach may find pension payments a little easier to handle after two local bills passed through a legislative...
  • Ways to lower your taxes in retirement

    Ways to lower your taxes in retirement
    Retirees who file their taxes quarterly may feel like every season is tax season, but preparing for the April tax deadline is a good time to seek out new deductions and plan some strategies for the year ahead. You might be hitting a tax sweet spot, a...
  • Zorn v. McQueary: Does it make Common Sense to move state workers into 401(k) plans?

     Zorn v. McQueary: Does it make Common Sense to move state workers into 401(k) plans?
    Wednesday, the Illinois Supreme Court will hear arguments in Heaton v. Quinn, the suit that challenges the 2013 law that overhauled the state's pension system. To mark the occasion, the Common Sense Caucus — Tribune columnist Eric Zorn and Editorial...
  • Personal Finance Q&A: Is too much of my savings in retirement accounts?

    Personal Finance Q&A: Is too much of my savings in retirement accounts?
    Dear Liz: I'm 26 and make $45,000 per year. I currently have about $60,000 saved with no debt. Roughly half of my assets are in retirement accounts, and the other half are in non-retirement accounts. I strive to save 30% of my income (about 15% in pre-tax...
  • Six years from retirement and $90,000 in debt

    English Brent Taylor is just a few years from retirement, but before he can take it easy, he needs to tackle a burden more seniors are carrying: debt. At 67, Taylor is working to pay off close to $90,000 in debt before he leaves his full-time job with...
  • Personal Finance Q&A: An iffy proposal for an IRA

    Personal Finance Q&A: An iffy proposal for an IRA
    Dear Liz: I went to renew my IRA certificate of deposit and the bank officer suggested that I renew at the greater rate being offered for a five-year term (about 1.5% APR) rather than the lower rate for a one-year term (about 1% APR). She explained that...
  • Devil in the details with city finances

    Devil in the details with city finances
    In the telling of Mayor Rahm Emanuel, his four years in office have been a clinic in bold and decisive response to financial crisis while election rival Jesus "Chuy" Garcia is a man without a plan who would dig the hole deeper for city taxpayers. The...