NewRetirement Retirement News Digest : April 2006 - Posts
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

April 2006 - Posts

Senior citizens threatened by Medicaid cuts
The Daily Advertiser, April 21st, 2006 At a time when our lawmakers in Baton Rouge are under enormous pressure to adequately fund so many critical state programs, the last thing we needed to see from President Bush's proposed federal budget was Read More
(Comments Off) * Article Posted on Saturday, April 22, 2006 12:49 AM
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Senior Citizens Lead Nation in Growing Lawn Mowing Injuries
Injuries from lawn mowing increase nationwide and by age SeniorJournal.com, April 20th, 2006 How often have we read that the risk of some dreaded problem, like heart disease or cancer, "increases with age?" Well, now you can add lawnmower Read More
Is Your Pension Plan Retiring Before You?
Even healthy companies are freezing or eliminating traditional pensions. Here's how to figure out if it could happen where you work Business Week, April 21st, 2006 tag. --> Read More
For lawmakers, retirement is sweet
National Center for Policy Analysis, April 21st, 2006 Members of Congress occasionally lose elections, but they never lose retirement and health benefits that most Americans can only envy, says the Associated Press (AP). For example: A Read More
(Comments Off) * Article Posted on Friday, April 21, 2006 12:22 AM
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Seniors Can Save Billions If Drug-Makers Don't Stop Generics
Pharmacy Benefit Managers see Medicare saving $23 billion in 5 years SeniorJournal.com, April 18th, 2006 Senior citizens and the Medicare Part D program could potentially save more than $23 billion dollars over the next five years as Read More
Investment Strategies for Late-Start Retirement Saving
Four methods to help make up for lost time Morningstar.com, April 17th, 2006 In last week's column, I presented seven practical steps to help late-starting investors improve their chances of achieving a sizable nest egg to help with retirement Read More
US corporate pensions better funded in '05-analyst
Reuters, April 17th, 2006 The pension funds of S&P 500 companies, which provide income for thousands of U.S. retirees, profited from better investments and more company contributions last year but were still about 10 percent underfunded, an Read More
Baby Boomers Stay Active, and So Do Their Doctors
The New York Times, April 16th, 2006 For America's baby boomers, a generation weaned on Jack LaLanne, shaped by Jane Fonda videos and sculpted in the modern-day gym, too much of a good thing has consequences. Encouraged by doctors to continue Read More
(Comments Off) * Article Posted on Friday, April 14, 2006 7:01 PM
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May 15 deadline looms on Medicare drug plan
Baltimore Sun, April 12th, 2006 Jake Miller, 74, sat down yesterday at a table at the Lansdowne Baltimore Highlands Senior Center, spreading before him a sheaf of printouts showing all the medications he had gotten in the past year and how much Read More
(Comments Off) * Article Posted on Thursday, April 13, 2006 11:32 PM
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Are pensions destined for retirement?
U.S. News & World Report, April 11th, 2006 The weather is warming up, but watch out—your pension could be frozen. A pension freeze means that the assets already in your plan will be paid out when you retire or leave the company, but new benefits Read More
Employees to work longer for retirement as safety nets erode
Ft. Wayne Journal Gazette, April 10th, 2006 As company after company drops traditional pension coverage for do-it-yourself retirement-savings plans, Americans face working for a paycheck longer than they thought because they aren’t up to planning Read More
Americans still clueless about retirement
Studies show workers are overconfident, underestimate future needs MSNBC, April 10th, 2006 Americans are as clueless as ever about their retirement prospects, according to a pair of new studies. We’re woefully overconfident, we grossly underestimate Read More
A backup plan for retirement
As traditional pensions die off, you'll need other ways to save Newsday.com, April 9th, 2006 If your employer is getting rid of its pension plan or you were never lucky enough to have one, you're on your own when it comes to savings for your golden Read More
Savings Boot Camp
Lawrenceville resident will need to adjust retirement plans Post-Gazette.com, April 9th, 2006 Lawrenceville resident Ginny Leary is worried. The 55-year-old social worker wants to retire in 10 years and is crossing her fingers hoping she'll Read More
Medicare Drug Plan Helping Some Seniors
Chron.com, April 9th, 2006 It wasn't easy to sign up, but now that she's enrolled in the new Medicare drug benefit, Ruth Dike says it's made a big difference in her finances. The cost of her medicine ranges from about $10 to $15 a month, Read More
Immigrants: some see opportunity in 1040
The Free New Mexican, April 9th, 2006 Robert Vaughn, wearing an Uncle Sam costume, stands on the corner of Llano Street and St. Michael's Drive to lure customers into Liberty Tax Services a half block away. As the April 17th deadline approaches Read More
On the move? Let Social Security know
NJ.com, April 9th, 2006 Every year millions of American families pack up their belongings and move -- to another state or another town or another neighborhood in their home town. For anyone who is moving and is also receiving Social Security or Read More
Court clears Delphi retirement plan
BuisnessWeek, April 7th, 2006 Auto parts maker Delphi Corp. is free to move ahead on its plan to induce thousands of hourly employees to retire, a bankruptcy judge ruled Friday, marking a key milestone in the company's effort to tame staffing levels Read More
States' health care costs may dwarf pensions
Yahoo News, April 6th, 2006 U.S. states may find that what it costs them to provide medical care for retired state employees will dwarf how much they pay for their retirement benefits, according to a new report. Many big companies are slashing Read More
Massachusetts Sets Health Plan for Nearly All
NYTimes.com, April 4th, 2006 Massachusetts is poised to become the first state to provide nearly universal health care coverage with a bill passed overwhelmingly by the legislature Tuesday that Gov. Mitt Romney says he will sign. The bill does Read More
As Good As It Gets
What country takes the best care of its older citizens? The Netherlands rates tops in our exclusive survey of 16 nations. But no place is perfect AARP, April 12th, 2006 Every week, Anna Sophia Fischer greets a clutch of tourists in the medieval Read More
GM request to dismiss retirement-plan lawsuit denied
WLNS.com, April 6th, 2006 G-M's request to dismiss a retirement-plan lawsuit has been denied. The suit claims General Motors and officials overseeing two retirement funds ignored the company's financial woes, causing employee investors to suffer Read More
Workers Have Retirement 'Overconfidence'
Yahoo News, April 4th, 2006 The majority of American workers think they'll be able to retire comfortably, but most aren't saving nearly enough to meet that goal, according to a new study. The Employee Benefit Research Institute's annual retirement Read More
Retirement: Great expectations, no preparation
A majority of workers say they're confident about retirement, but they don't have the dollars to show for it. CNNMoney.com, April 4th, 2006 Cognitive Dissonance 101 might be a fitting title for the findings from the 2006 retirement confidence Read More
 
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