March 2006 - Posts
The New York Times, March 31st, 2006
The board that writes accounting rules for American business is proposing a
new method of reporting pension obligations that is likely to show that many
companies have a lot more debt than was obvious before.
Read More
Auto giant to pay for retirement incentives to 113,000 factory workers
MSNBC, March 22nd, 2006
General Motors Corp. and auto parts supplier Delphi Corp. announced deals with
the United Auto Workers on Wednesday that would help the struggling
Read More
SFGate.com, March 12th, 2006
We would like to take this opportunity to warn all of our viewers of
the dangers of various scams such as the one described in this
article. Always be careful when giving out your personal
information to anyone.
Read More
Looking to the '60s generation for lessons on how to plan
CNN, February 15th, 2006
In the 1960s and '70s they burned their bras and draft cards, marched on
Washington, founded Earth Day and vowed never to trust anyone over the age of
30.
Today,
Read More
The Washington Post, March 8th, 2006
The Treasury Department has started drawing from the civil service pension
fund to avoid hitting the $8.2 trillion national debt limit. The move to tap the
pension fund follows last month's decision to suspend
Read More
The McKinsley Quarterly, March 8th, 2006
Consumers are bearing more retirement-related risk than
they have at any time since the creation of the modern welfare state. Many
employers have already shifted from defined-benefit to defined-contribution
Read More
AARP, March 8th, 2006
Compared with a decade ago, the state of 50+ America seems to have improved,
but AARP’s third annual “report card” on the quality of life of midlife and
older Americans finds that the picture has become less favorable and the
Read More
A summit in D.C. considers what can be done to help workers save more for their post-career lives.
CNN, March 1st, 2006
This week in Washington, D.C. government leaders, retirement experts
and financial services executives are meeting to discuss
Read More
The New York Times, February 24th, 2006
America's largest companies expect the federal government to pay them about
$4 billion over the next four years to help keep their retiree health plans
alive at a time when such benefits are increasingly on
Read More
Buffalo News, March 1st, 2006
Many older people are resorting to reverse mortgages, but
because of high fees it's best to wait until you really need the money.
Like any mortgage, a reverser is a loan that uses the property as collateral.
The
Read More
Reuters, February 24th, 2006
A major transition is underway in the U.S. mortgage lending
industry, with consolidations and lay-offs at the forefront as
companies try to deal with waning demand for home loans.
This
shift is expected to pick up
Read More
The New York Times, February 24th, 2006
Two years ago, George and Mollie Weiner were scraping by on $1,800 a
month in Social Security payments and just $100 in monthly payouts from
their individual retirement accounts.
But last year, the couple,
Read More