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Unretirement Index shows retirement confidence at 4-year low

By Paula Aven Gladych

Retirement confidence among American workers has reached a four-year low, according to the Unretirement Index, a poll of nearly 1,500 working Americans by Sun Life Financial Inc.

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Research finds state-local pensions below key retirement benchmark

LinkedIn poll shows younger Americans look for guaranteed retirement income

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Investment Instruments Stories

October 20, 2011

NYC DB plans more cost effective than DC plans

New York Citys defined benefit pension plans deliver the same retirement income as defined contribution 401(k)-type individual accounts,but for 40 percent less cost, according to a report by the National Institute on Retirement Security and Pension Trustee Advisors on behalf of the Office of New York City Comptroller John C....

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October 20, 2011

Support, solid procedures key to 408(b)(2) compliance

The regulatory reform advisors are facing is nothing less than stunning, Amy Glynn, president of Pension Resource Institute told attendees on Monday at the Center for Due Diligences 2011 conference. Broker-dealers have been managing their businesses in a silo manner, she said, something that will have to change as rules...

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October 20, 2011

IRS boosts maximum 401(k) contribution to $17,000

The Internal Revenue Service is boosting the maximum contribution that workers can make to their 401(k) pension plans without paying upfront taxes. The limit will rise to $17,000 next year.

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October 19, 2011

Social Security, SSI payments to jump 3.6 percent

Monthly Social Security and Supplemental Security Income benefits for more than 60 million Americans will increase 3.6 percent in 2012, according to the Social Security Administration.

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October 18, 2011

The Hartford launches Hartford Lifetime Income

The Hartford has launched a new patented income solution delivered through 401(k) plans that will provide participants a guaranteed income stream for life.

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October 18, 2011

Goldman Sachs loses $428 million in third quarter

Goldman Sachs Group Inc. reported a third-quarter loss of $428 million Tuesday as revenue from underwriting stocks and bonds plunged. It was only the second quarterly loss for the investment bank since it went public 12 years ago.

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October 17, 2011

401(k) participants jumping on new offerings

A recent survey by the Plan Sponsor Council of America shows 401(k) participants are increasingly using new plan investment features, while usage of hardship withdrawals and loans remain low despite their wide availability.

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Unretirement Index shows retirement confidence at 4-year low

Research finds state-local pensions below key retirement benchmark

LinkedIn poll shows younger Americans look for guaranteed retirement income

Recommended Just For You

Investment Instruments Stories

NYC DB plans more cost effective than DC plans

Support, solid procedures key to 408(b)(2) compliance

IRS boosts maximum 401(k) contribution to $17,000

Social Security, SSI payments to jump 3.6 percent

The Hartford launches Hartford Lifetime Income

Goldman Sachs loses $428 million in third quarter

401(k) participants jumping on new offerings