Retirement Advisor

Illinois lawmakers intend to push forward with a plan to cut government pension costs by making employees pay more or accept lower benefits.

AXA Equitable Life Insurance Company announced that Michael Healy was elected to the position of executive vice president by the Board of Directors.

McGraw-Hill Financial Communications is offering an interactive education tool for plan providers to help educate participants about the fees associated with their retirement plans.

A flash mob of dancing "grandmas" took over Times Square yesterday, kicking off a nationwide tour and contest to help those caring for aging parents and loved ones.

While we may have earned our 401(k) money, we’ve also wittingly put it away. As investors, we’re not ignorant to the risks and restrictions of these types of plans.

Index investing, as evidenced through last year’s flash crash and this year’s market volatility, may have all the markings of a classic economic dilemma all 401(k) plan sponsors must be aware of before jumping into the wonder world of ETFs – the free rider problem.

The Buffalo Bills have suspended pension plan payments to all employees — including coaches — during the NFL lockout and potentially the rest of the year.

It will be harder for Wisconsin public workers to be covered by the state retirement system and take longer to get vested to receive pension benefits under action by the Legislature's budget committee.