401K

As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...

The dream of a comfortable retirement is slipping away from millions of middle-class Americans. Company pensions are a thing of the past, and the recession has decimated the nest eggs -- primarily 401(k) plans and family homes -- of many baby boomers. A...

The task force that's working on merging Macon and Bibb County governments is considering a choice between two pension plans for employees of the consolidated government: one defined-benefit plan, similar to what Bibb County already offers; and one hybrid...

Q: I have a financial adviser who helps me manage my finances and 401(k)'s. I'm retiring and want to leave my 401(k) with my company but still would like my adviser to help manage it. He says he would no longer be able to because I would no longer be...

Republicans at the state Legislature haven't had much success getting their favored bills through the legislative process this year. That's because Democrats have the majority in both the Senate and Assembly. Democrats set the agenda and can decline...

HARRISBURG — A dozen years ago, state Rep. Chris Ross voted to give himself and 252 other lawmakers 50 percent pension hikes, while state workers and teachers got 25 percent increases. On Tuesday, Ross said the 2001 pension vote was bad. That vote,...

United Steelworkers Local 1343 on Tuesday overwhelmingly rejected a proposed six-year contract with Caterpillar Inc. that would have frozen wages, increased contributions to health care costs and offered senior union employees fewer protections....

I get a lot of questions these days about my opinion of the recent PBS episode of Frontline called "The Retirement Gamble." The program details America's retirement crisis, highlighting some of the facts that I have written about in this column,...

GOV. CORBETT, with his leadership in question and his job approval in the tank, promises basic societal collapse if he doesn't get his way on pensions. He argues that unless the Legislature, which helped create the problem, slashes costs for state...

By John Wasik CHICAGO, May 8 (Reuters) - A torrent of money flowing into target-date funds suggests many retirement investors may be ignoring the risks of this key category. These funds now represent the second-most-popular allocation after U.S. large-...

CHICAGO (Reuters) - A torrent of money flowing into target-date funds suggests many retirement investors may be ignoring the risks of this key category. These funds now represent the second-most-popular allocation after U.S. large-stock funds within...

— The United Steelworkers union will vote Tuesday on a proposed six-year contract with Caterpillar Inc. that would freeze wages, increase contributions to health care costs and offer senior employees fewer protections. The proposed agreement covers...