401K

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...

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...

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...

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...

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,...

I am a retired teacher and taught in Illinois for my entire career.  State Sen. Jim Oberweis’ suggestion that teachers should have 401(k)s instead of pensions made no sense to me (“Pension Plan,” Voice of the People, April 28).  As you...

For someone in their 20s, retirement is something their parents are talking about. It is almost impossible for them to imagine their own lives 50 years out. Telling kids to save for that day — when student loans and car payments and fixed expenses...

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....

— 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....

TALLAHASSEE -- The Florida Senate Tuesday killed a major overhaul of the public employee pension system that would have closed the pension plan for new workers and put them into 401K style. The proposal was a top priority for House Speaker Will...

As secretary-treasurer of the Pennsylvania AFL-CIO, it is my responsibility to ensure our funding derived from paychecks of rank-and-file workers serves their best interests. By extension, I feel the same responsibility to hold public officials...

— 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...