Retirement

Only 38 percent of employers that offer a plan extend eligibility to their part-time workers, a Transamerica executive told attendees in a Senate hearing recently.

Premiums paid to the Pension Benefit Guarantee Corp. will have to increase exponentially for the federal insurance program to avoid insolvency, the agency reported today.

Many retirees wish they'd waited to claim Social Security till they were older, because health care costs are eating up their benefits, according to the third annual Nationwide Retirement Study.

But almost the same percentage say that doing so make is harder to keep up with their other financial obligations.

Oliver does a decent job of explaining why the rule came about, leaning heavily toward the DOL side.

Who wants a car for graduation when you can pocket $3 million instead?