Retirement

The National Association of Insurance Commissioners is about to mount a fierce battle to defend the Medicare supplement insurance program against any efforts to cut coverage or revamp plan design.

In reaction to the U.S. Senate Committee on Finances tax reform hearing concerning retirement security, the American Benefits Council and the American Council of Life Insurers say employer-sponsored defined contribution and defined benefit retirement plans are essential elements to the U.S.s retirement system.

Despite earlier findings that employees were renewing their focus on long-term planning issues like retirement, new research from Financial Finesse found that its not enough.

For 2011, all 401(k) plans can allow catch-up contributions of how much for employees age 50 and over?

Rhode Island is the nation's smallest state. But its pension problem may well be the largest in the land.

It's not too soon to start educating clients and their CPAs about the new Unearned Income Medicare Contributions Tax (UIMCT), which takes effect in 2013.

House Speaker John Boehner urged Congress' deficit "supercommittee" on Thursday to lay the groundwork for a broad overhaul of the U.S. tax code, rejecting Democrats' talk of tax increases but leaving open the possibility the government's take could rise as a result.

Turning a usually routine announcement into a pointed rebuttal of its GOP critics, the Obama administration said Thursday that premiums for popular Medicare Advantage insurance plans will drop for 2012, while enrollment is expected to rise.