Retirement Advisor

Republicans and Democrats on the special supercommittee warned of a financial crisis threatening future generations as the congressional debt reduction panel kicked off its work Thursday with an imperative to slash the deficit and lift the sluggish economy.

A measure to spur employee-ownership of private companies is getting bipartisan support in the Senate.

Scores of seniors upset that the state wants to tax some of their public pensions for the first time packed into the Michigan Supreme Court on Wednesday as lawyers argued whether the new charge is legal.

Looking at all workers participating in defined contribution plans, 86 percent contribute with a 401(k) pre-tax contribution while 23 percent contribute with a Roth 401(k) contribution.

Generation Y investors are conservative investors and invest more like their Baby Boomer parents, despite their long-term time horizon, according to the MFS Investing Sentiment Survey.

Children used to be the most impoverished because, they, of course, didnt have the income to support an independent lifestyle. Now, even workers with a monthly paycheck have to rely on food stamps.

Testing these new compliance procedures using the DOLs own suggested Model Comparison Chart and BrightScopes listing of the top 10 most widely held 401(k) mutual funds astonished readers in many interesting and intriguing ways.

Fixing the Rhode Island's public pension funding crisis will take a major overhaul, and everyone should expect to have to make sacrifices along the way, the speaker of the state House said.