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Harkin retirement bill gets mixed reaction
Sen. Tom Harkin, D-Iowa, unveiled new legislation this week that would help tackle the retirement crisis in America and shore up the private pension system. Industry reaction to the bill was mixed; some cheered while others thought it too complex. Read more……
Focused on Retirement
In part because the survey asked advisors to focus on December activity, index components related to year-end retirement planning got a boost; a 6.3-point jump in retirement plan contributions was the index’s biggest mover, while retirement product sales rose, as…
MyRAs — the New Social Security?
The president has proposed a new type of retirement savings account. It would be an individual account, guaranteed by the government, offered through employers and available to lower income workers to give them security in retirement. What a creative idea! It…
Let Disability.gov Guide You To Helpful Information
Whether you have a disability or are helping a family member get assistance, it’s easy to be overwhelmed by the number of disability programs and services that are available nationwide. There is a solution for you. Simply visit Disability.gov, the…
Retirement Planning — What Does Dying Have To Do With It?
Before taking the leap into retirement, we need to give a lot of thought to how prepared we are for 20 or more years without a paycheck. The most important question, of course, involves income and expenditures, those we can…
GOP softens resistance to debt-ceiling increase
House Republicans appear to be softening their resistance to an impending vote to raise the debt limit, which could diffuse the threat of another showdown over the nation’s borrowing authority next month. Republicans had warned that they would have a list…
Are You A Social Security Beneficiary? Learn about Ticket to Work!
You became eligible to participate in the Ticket to Work program when you started receiving SSDI or SSI benefits based on disability. Social Security no longer sends paper tickets in the mail, but don’t worry-you don’t need a paper Ticket…
What the State of the Union left out
One way to think about the State of the Union is to examine the depressing catalog of last year’s unfinished business — reforming immigration, repairing crumbling infrastructure, expanding early childhood education. This list resembles a New Year’s resolution dutifully dusted…
NRF urges modifying provisions of Affordable Care Act
National Retail Federation Vice President and Employee Benefits Policy Counsel Neil Trautwein testified before the House Ways and Means and Means Committee on the impact of the Affordable Care Act, where he reiterated the retail industry’s strong support for modifying…
Women are still struggling even as New York City recovers
In 2009, after 17 years working in civilian posts for the NYPD, Earline Pitts lost her $37,000-a-year job, as cash-strapped New York City embarked on a wave of layoffs. The Hunts Point resident has not worked since. Pitts, 52, lives off of…