Pension Checks of Some Milwaukee County Retirees in Jeopardy After Acting on Government Advice
A few hundred Milwaukee County retirees are facing reduced pension checks in the future – all because they took County advice that for years resulted in benefit over-payments.
The ...
Obama Will Address Retirement Tax, Saving Incentives During SOTU Speech
President Obama is expected to touch on some aspects of retirement security during his State of the Union speech Tuesday night.
The proposals include a retirement savings plan for ...
Actuaries Call on Obama to Address Retirement Security in State of the Union, Beyond
The American Academy of Actuaries is urging President Obama and the U.S. Congress to tackle retirement security issues through public policy over the next two years.
That includes ...
New Hampshire Supreme Court Upholds Benefit Changes With Two Recent Rulings
The New Hampshire Supreme Court has upheld several changes key to the state’s pension reforms passed since 2011, just a month after it also upheld the legality of increasing employee ...
Survey: Strong Majority of Americans Flunk Retirement IQ Test
A survey released recently by the American College of Financial Services reveals that when it comes to retirement literacy, many Americans leave a lot to be desired.
In fact, 80 percent ...
How To Find Areas for Saving and Generate Retirement Income
USA Today recently talked with Donna Phelan, author of the new book Women, Money & Prosperity: A Sister’s Perspective on How to Retire Well.
The “sisters” in the book ...
Iowa’s Social Security Tax Is No More
Eight years ago, Iowa began phasing out its tax on Social Security benefits.
In 2015, the phase-out will be complete and the Social Security checks of Iowans will no longer be taxed.
Reported ...
Do Pensions Give Retirees a False Sense of Retirement Security?
At one time, pensions were seen as the safest, most secure stream of retirement income. But the security of pension benefits is no longer rock-solid. That raises the question: do pensions ...
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 ...
Women Most At Risk For Poverty During Retirement
Women are more likely than men to face poverty after age 65, according to two Brookings Institute reseachers.
Benjamin H. Harris and Aurite Werman found that women who were never married ...
