The program's organizers hope to roll it out to an additional seven states and the District of Columbia.

The funded status of the typical U.S. corporate pension plan fell 3.5 percentage points in April to 76.3 percent, the first time this percentage has declined in 2012, according to BNY Mellon Asset Management.

The American Society of Pension Professionals & Actuaries sent a letter to the Internal Revenue Service concerning its proposed changes to the rules regarding purchase of Qualifying Longevity Annuity Contracts (QLACs) under defined contribution plans.

Most people believe they are moving in the right direction when it comes to managing debt, paying for their childrens educations, work, spending, saving and investing in improvements.

Both groups increased deferrals into their defined contribution plans during the first quarter of 2012, according to MassMutuals Retirement Services Division.

The recession caused 40 percent of older Americans to postpone retirement, according to data from the University of Michigan's Institute for Social Research.

Most workers know little about their 401(k) plans offerings and most are financially unprepared for retirement, according to Schwab Retirement Plan Services.

The jury is still out on whether its best for people to keep a string of old 401(k) accounts from previous jobs or roll them into a new company plan or personal IRA. There are pros and cons to leaving your money where it is or taking it out and...