Retirement

A proposal to reduce wage loss compensation for disabled federal employees when they reach retirement age is being discussed at a hearing held by U.S. Sen. Daniel Akaka.

The American Society of Pension Professionals & Actuaries is urging the bipartisan "Gang of Six" to tread carefully on its proposal to raise revenue by reducing tax incentives for retirement savings.

Retirement for Baby Boomers means no slowing down, no retirement home, and no money.

NFL owners are arriving at a hotel near Atlanta's airport to discuss — and possibly vote on — a deal to end the lockout that began in March.

Investment counselors have sounded the clarion call throughout years and decades past: When thinking about retirement – when simply saving and investing their well-earned money – people should strive to diversify.

Florida's pension plan grew by slightly more than $19 billion in the fiscal year completed June 30.

What the Postal Service needs right now are changes in the law allowing it to reduce delivery to five days-a-week and to resolve an annual requirement for it to pay $5.5 billion into a fund for future retiree medical costs, Donahoe said in a telephone interview.

Americans believe their personal finances will improve over the next year, and, according to a survey from The Hartford, this is translating into more people saving for retirement.