Senate Passes Smart Savings Act; Bill Would Auto-Enroll Federal Workers In Less Conservative Savings Plan
The Senate last week passed the Smart Savings Act, a bill that would tweak the way federal employees are auto-enrolled in the Thrift Savings Plan.
The proposal aims to auto-enroll ...
Video: What’s The Average Net Worth of America’s Near-Retirees?
This discussion features Dean Baker of the Center for Economic and Policy Research – a self-proclaimed non-partisan (but sometimes left-leaning) think tank.
He talks about the net ...
New Hampshire Supreme Court Rules State Can Increase Employee Pension Contributions Without Benefit Increase
The New Hampshire Supreme Court ruled this week that the state can increase public employees’ pension contributions – even for vested workers.
Since the increased contribution ...
Lawmakers: Social Security Administration’s Response to Physician-Assisted Fraud Is “Woefully Insufficient”
Two top-ranking Republican lawmakers are drawing attention to a recent report from the Government Accountability Office (GAO) that details how the Social Security Administration’s ...
Senate Hearing Explores Strengthening Social Security For Women
The Senate Finance Committee held a hearing on Tuesday titled “Social Security: Is a Key Foundation of Economic Security Working for Women?”
The hearing explored how Social ...
NASAA Warns of Fraud Potential of Third-Party Custodians For Self-Directed IRAs
The North American Securities Administrators Association (NASAA) is warning people with self-directed IRAs to be wary of trusting some third-party custodians. The NASAA says some third-party ...
Video: Entitlement Reform and the Future of Pensions
The above talk was given by Gene Steuerle (Urban Institute) at the 2014 Pension Research Council Conference; Steuerle spoke about his research into the inevitability of entitlement ...
BBB Warns Against Fake Medicare Phone Calls, Other Popular Scams of 2014
The Better Business Bureau is running down its “12 Scams of Christmas” and warning consumers about some of 2014’s most popular scams.
This week, the BBB is focusing on Medicare ...
Bill In Congress Would Change Social Security in Three Big Ways
In Congress, an under-the-radar bill aims to make major changes to Social Security.
The bill, Social Security 2100 Act, was introduced by Connecticut Rep. John Larson. If passed, here’s ...
Judge: California Firefighters Can’t Sue Bankrupt City Over Lost Benefits
A judge ruled last week that firefighters working for the bankrupt California city of San Bernardino cannot sue the city in an attempt to recover lost benefits.
The firefighters claim ...