The countrys retirement future will be bleak for many Americans, says a report from Democratic lawmakers on Congress's Joint Economic Committee.

This week, Rep. Phil Roe, R-TN, and Rep. Donald Norcross, D-NJ, introduced the Give Retirement Options to Workers Act, which would facilitate the adoption of composite plans -- but not all unions and retirement advocates are on board with such plans.

Of the 1,700 civil investigations the DOL's workplace benefits regulatory agency EBSA closed last year, 65 percent resulted in cash recoveries or other corrective actions.

The Trump budget requests $9.4 billion for Labor, down from its $12 billion budget for 2017, and federal retirement is affected as well.

The budget deal signed after a brief government shutdown includes provisions that affect hardship withdrawals from retirement plans.

Buried in the Senate budget deal is language creating a bipartisan commission to address the impending insolvency of collectively bargained multiemployer pension plans.

The new president and CEO of the Employee Benefits Research Institute, Lori Lucas, says it's 'a dream job.'

Employers need to relay the basics about the tax bill's effects why workers are seeing an increase in take home pay, and what they should potentially do about it.