RSS icon

Top Stories

Retirement Planning

Fewer Employers Match Defined Contribution Plan Deposits: SHRM Analysis

June 27, 2012
Comments (0)
Of 550 employers surveyed in SHRM's study of employee benefits programs, slightly more than two-thirds indicated that they currently match their employees’ contributions, down from 75 percent five years ago.
Read More

Bankrolling Adult Kids Imperils Boomer Retirement

June 25, 2012
Comments (0)
Financial advisers worry that families don't realize how much they're spending on their grown children.
Read More

Health Care Provider Hopes 'Girls Just Want to Have Funds'

June 15, 2012
Comments (0)
BayCare Health System of Florida has geared a new retirement savings push toward women after realizing that more than three-quarters of its workforce were female, generic savings seminars were not well attended, and women historically haven't been good savers.
Read More

General Motors Retiree Group Rips Plan to Unload Pension Plan

June 15, 2012
Comments (0)
The General Motors Retirees Association, in a June 13 letter addressed to GM CEO Dan Akerson and posted on the organization’s website, says it’s concerned that GM’s plan to shift the pension plan for white-collar retirees to Prudential Insurance Co. of America will eliminate federal insurance of their pension income.
Read More

GM CEO: We're Tackling Biggest Problems—Europe, Pension Obligations

June 13, 2012
Comments (0)
General Motors Corp. CEO Dan Akerson also said he would consider offering a pension buyout to GM's more than 400,000 hourly retirees and dependents as a way to reduce the $134 billion pension obligation on its books, which Akerson said is the largest of any U.S. company. This month, GM said it will offer a buyout to some of its salaried retirees.
Read More

Transamerica Survey Points Out Need to Redefine ‘Retirement Readiness'

June 1, 2012
Comments (0)
More than half of Transamerica Retirement Survey respondents say they don't think they are building a sufficient nest egg—a percentage consistent for all ages of workers.
Read More

LGBT Adults Better Prepared for Retirement, Survey Finds

May 30, 2012
Comments (0)
The median amount that LGBT survey participants have saved is $150,000, 17 percent, of the $900,000 they expect to need. The average American has saved about 13 percent of the anticipated needed amount, according to the Wells Fargo study.
Read More

Young Workers on 401(k) Offerings: We Want Sure Things

May 14, 2012
Comments (0)
Gun-shy employees are keen on investments that provide guaranteed income, though there is little interest in diversification.
Read More

Investment Executive Aims to Put Retirement Security on Election Agenda

May 10, 2012
Comments (0)
Putnam Investments' Robert Reynolds laid out a three-point plan—making Social Security solvent, providing employer savings programs to everyone who pays Social Security taxes and raising workplace savings rates to 10 percent—that he said should be addressed in every federal campaign.
Read More

Study: Couple Retiring in 2012 Needs $240K to Cover Medical Expenses

May 9, 2012
Comments (0)
Of the $240,000 needed to cover a retired couple's health care expenses, Fidelity estimates 32 percent will go toward paying Medicare Part B and Part D premiums; 45 percent will be consumed by expenses not covered by Medicare; and 23 percent will be spent on out-of-pocket prescription drug expenses.
Read More