Sixty-four percent of respondents said they can get better financial advice than either Mom or Dad can offer.

The downgrade is the result of narrow operating reserves, below average income indicators and an elevated debt burden, due in part to retirement pensions for full-time firefighters and police officers.

While this is a good problem to have, the question going forward is what to do with the gains.

The budget that Congress signed into effect in the last moments of 2013 legislative session substantially changes how new federal employees will fund their pensions.

The city council and public unions have agreed to delay proposed pension and pay cuts for another year after a Santa Clara Superior Court judge signed an agreement this week.

State Sen. Wilton Simpsons bill would have required all elected officials, except for judges, to move into a defined contribution 401(k) plan after July 1, 2015.

Unloadyour401k.com represents a new tool and new tactic in the countrys strident debate over gun control and gun violence: individuals divesting the nations biggest gun manufacturers from their 401(k) retirement plans.

S&P analyst John Sugden warns that if Pennsylvanias political leaders dont implement meaningful pension reform, the agency will lower ratings for the $545 million the state plans to borrow in general obligation bonds, and the $293 million it has planned for bond refunding.