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Executive Behind Lavish Conference Leaves Agency
Warren And Brown Neck And Neck In New Poll
401k
Investors Flee Stock Market: They're Crazy, of Course
By Robert and Donna Trussell - Politics Daily...
Economy: Still Going Down . . . Except for This
By Robert and Donna Trussell - Politics Daily...
Opinion: Closing the $1.3 Trillion State Pension Gap
By not in system - AOL News(March 9) -- Earlier this week, The New York Times documented how state pension plans are putting more money in riskier investments while private companies are moving their pensions to safer climes. As the Times reports, states are "seeking higher returns for their pension funds, to make up for lost ground in the last couple of years and to pay all the benefits promised to present and future retirees." As disconcerting as this might be, it's only the tip of the iceberg when it comes to the troubles plaguing state pension funds. Thanks to decades of bureaucratically controlled investments and ...
Opinion: A Simple Way to Help Savers
By John Merline - AOL News(Jan. 29) – As part of his effort to help the middle class, President Obama has said that he wants to make it "easier to save for retirement" by "giving every worker access to a retirement account and expanding the tax credit for those who start a nest egg." It's a great idea, but will it work? The problem is real enough. The national savings rate is pathetically low – about half today what it was in 1980 – which means that few are putting away enough for a rainy day, let alone their golden years. In fact, an Ohio State University study from several years ago found that ...
Obama, Dems Seek to End 401(k) Plans
By Mark Impomeni - Politics DailySen. Barack Obama's Democratic allies in Congress are looking into a radical new plan that would fundamentally change the way Americans save for retirement. House Democrats recently heard testimony on the idea and, under a potential Obama administration, would likely move to put it in place. Democrats want to seize the money that workers currently invest in their 401(k) plans and replace the popular retirement savings accounts with a one-size-fits-all government sponsored retirement account. Under the scheme, Americans would be forced to transfer all of their hard earned retirement savings ...
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