A Hartford study indicates that younger workers are most enthusiastic about guaranteed income retirement products to offset the projected disappearance of Social Security benefits.
Despite a significant increase in the amount of money being put into state retirement coffers, Massachusetts still faces a huge shortfall in plan funding, according to the Boston Herald.
Ford's announcement that it will offer voluntary lump-sum payments to 90,000 pensioned retirees is a first for a major employer. Maybe not the last, either.
Many Boomers are coming face to face with a massive health risk they aquired during their free-wheeling younger days - and the costs could be staggering.
A Massachusetts city's pension fund has sued mega Web-search company Google, over concerns that Google's proposed stock split would generate non-voting shares.