Highlights
A collection of news and information related to Retirement published by this site and its partners.
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US Treasury secretary says he has begun tapping federal retiree pension fund to avoid default
AP Economics WriterWASHINGTON (AP) — Treasury Secretary Jacob Lew said late Monday he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt. In a letter...Tags: Civil and Public Service, Economy, Business and Finance, Crime, Law and Justice, Washington, DC, Jack Lew
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Shield Pa. taxpayers from a 'pension tsunami'
Pennsylvania's pension crisis is about to hit state homeowners and taxpayers, and the results won't be pretty. The state's two pension systems — for state government workers and public school employees — are, together, more than $47...Tags: Economy, Business and Finance, Employees, Crime, Law and Justice, Natural Disasters, Harrisburg (Dauphin, Pennsylvania)
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Cullerton, Madigan square off with competing pension reform plans
— As Illinois lawmakers weigh a pair of competing pension reform plans this spring, a big factor they're considering is how much each approach would save the beleaguered state treasury. Illinois already spends more on government worker...
Tags: Heather Steans, Christine Radogno, Taxation, Economy, Business and Finance, Crime, Law and Justice
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How much cash should you keep on hand for emergencies?
Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an...Tags: Disasters and Accidents, Career and Workplace, Social Security, Credit and Debt, Family
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Today's retirees face declining standard of living, study says
The retirement crisis is deepening, with recent generations of Americans less financially prepared for their golden years than their parents or grandparents, according to a new study. The study by the Pew Charitable Trusts suggests that people who...Tags: Career and Workplace
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Secure your finances before helping family
When Harold Seybert retired a few years ago, money wasn't his biggest challenge. After a 35-year career building an East Coast supermarket chain, a rise that required 15-hour workdays, he had to come to grips with what he had missed at home. "I was...Tags: Economy, Business and Finance, Career and Workplace, Finance
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Rich Danker: For real pension reform, inequality must be stressed
Just a few years ago, pension reform appeared inevitable. The drop in asset prices during the financial crisis had left public pension funds trillions of dollars behind on meeting future obligations. The defined benefit model was under fire as unduly...Tags: Civil and Public Service, Economy, Business and Finance, Jack Latvala, Florida Legislature, U.S. Congress
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Boomers facing uncertainty of retirement, maybe working years more than they thought
The Great Recession saw unemployment rates double and the housing bust that proved far stronger and lasted much longer than anyone had expected. Through it all, retirement savings plans took a major hit. The economy is improving now. South Florida...
Tags: 401K, Employment, Economy, Business and Finance, Career and Workplace, Finance
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Five killings at Camp Liberty in Iraq: Calculation or despair?
JOINT BASE LEWIS-McCHORD, WASH. — The court-martial of Army Sgt. John Russell concluded Saturday with a military judge asked to decide whether the 14-year Army veteran was deluded by depression and despair as he shot five fellow service members in...
Tags: Health and Safety at Work, Health and Medical Professionals, Psychiatrists, Crime, Law and Justice, Murder
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Glendale pays big pension numbers
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...
Tags: California Public Employees' Retirement System, 401K, Employment, Career and Workplace, Pension and Welfare
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Waiting to take Social Security is usually the best bet
Dear Liz: When I was 62, I started Social Security and I'm currently saving half of my monthly benefit after taxes (about $750). My decision to take my benefits early was influenced by a financial columnist who suggested that if I started at 62 and...Tags: Economy, Business and Finance, Finance, Career and Workplace, Internal Revenue Service, Social Security
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Social Security Q & A: Returning to work after retirement
Q I started Social Security retirement at age 62, received benefits for over a year, then returned to work with high enough earnings to stop my SSA benefits due to the annual earnings test. I am ready to stop working again and restart my retirement....Tags: Career and Workplace, Social Security, Earnings
May 20, 2013
|Story| AP Broadcast
May 20, 2013
|Story| Allentown Morning Call
May 18, 2013
|Story| Chicago Tribune
May 17, 2013
|Column| Los Angeles Times
May 17, 2013
|Story| Los Angeles Times
May 17, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| South Florida Sun-Sentinel
May 13, 2013
|Story| South Florida Sun-Sentinel
May 11, 2013
|Story| Los Angeles Times
May 11, 2013
|Story| Glendale News Press
May 10, 2013
|Column| Los Angeles Times
May 10, 2013
|Story| Aberdeen News
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