| Nov 13, 2013
| 8:26 AM
City Councilwoman Helen Holton's proposed alternative to Mayor Stephanie Rawlings-Blake's plan to put many future municipal employees into a 401(k)-style plan instead of a traditional pension sounds, on the surface, like the compassionate thing to do. Ms....
| Nov 12, 2013
| 11:36 AM
The percentage of U.S. workers who participate in their employers’ retirement plans slipped to 39% in 2012, according to a report by the Employee Benefit Research Institute.
Despite the tax savings and long-term benefits of stashing pre-tax...
| Sep 25, 2013
| 10:44 AM
American households are getting richer thanks to the stock and housing markets.
The collective wealth of American households climbed $1.3 trillion to $74.8 trillion in the second quarter, according to a report Wednesday from the Federal Reserve.
| Sep 24, 2013
| 11:57 AM
Why hasn’t anyone on Wall Street gone to prison for the 2008 financial crisis? Perhaps because the FBI is recommending far fewer white-collar prosecutions.
The FBI has recommended only 2,001 white-collar cases for criminal prosecution so far...
| Sep 22, 2013
| 5:00 AM
As someone who has neither a defined pension plan nor a government provided plan, I am totally fed up with the budget and debt ceiling battles in Washington ("Opening round in funding fight," Sept. 20). Like millions of Americans, my previous employers...
| Nov 1, 2013
| 7:52 PM
When Robert Rizzo pleaded no contest to corruption charges last month, many of the trappings of his former life as Bell's highly paid city manager were gone: the house near the ocean in Huntington Beach, the horse farm outside Seattle, the stable of...
| Nov 1, 2013
| 6:17 PM
Orange County Register owner Aaron Kushner alleges that the former owners fraudulently misstated finances of the newspaper's parent company, leading him to significantly overpay when he bought it last year.
The previous owners of Freedom Communications,...
| Oct 25, 2013
Have you heard that 70 is the new 65?
If not, you will. Momentum is growing to get people to think that way before retiring. The notion is being trumpeted in the nation's capital as a way to ease pressure on Social Security, and it is circulating among...
| Oct 23, 2013
| 10:51 AM
The average millennial graduating from college today will not retire until age 73 because heavy student-loan debt will prevent them from saving enough money for an earlier retirement, according to a new study.
The typical graduate has a “seemingly...
| Oct 20, 2013
| 9:46 AM
In March, Sukran Sir lost her father. Then she lost her job.
There was more bad news: The 58-year-old Ventura County resident was expecting to get unemployment benefits but hasn't heard whether she qualifies, despite two phone interviews.
| Oct 16, 2013
| 3:09 PM
Alleged wrongdoing by stockbrokers is routinely erased from public records, making it difficult for investors to check the past conduct of financial advisors, according to a new study.
The report found that stockbrokers almost always succeed in...