A proposed bill circulating in the House of Representatives would waive early distribution penalties on qualified retirement plans if the money is used to buy foreclosed homes.
More than half of retirees responding to a LIMRA survey say changes to Medicare, Social Security programs and increased taxes will affect their ability to afford retirement.
Twenty-five states reported a double-digit percentage increase in the number of residents with long-term care insurance according to annual data compiled by the American Association for Long-Term Care Insurance (AALTCI).
Assets in 401(k) plans reached a record $3.075 trillion in 2010, according to the latest Marketplace Update report from the Society of Professional Asset-Managers and Record Keepers (SPARK) and The SPARK Institute.
A new Northern Trust survey finds institutional investment managers increasingly see inflation as likely in the near future, with oil prices and market volatility also rising over the next six months.
A recent study finds low-income and medically vulnerable high-deductible plan enrollees are just as likely to cut back on needed health care as other HDP enrollees.
The Department of Labor's new report on employer-sponsored health coverage, submitted Friday, is part of an effort to help the Department of Health and Human Services identify and define essential health benefits that must be offered by qualified health plans.
As the Independent Insurance Agents & Brokers of America (the Big "I") hosts its legislative conference this week, nonpartisan consumer advocacy group Consumer Watchdog notes thousands of dollars in election campaign contributions have come from the same lobby associations pushing for a bipartisan bill to protect brokers' sales commissions.
Almost 40 percent of working Americans say they'll never afford retirement. It's the second year in a row that retirement affordability ranks as the nation's top financial concern.