Retirement Trends

EBRI finds that just 33 percent of future retirees expect Social Security to be a major share of their income in retirement.

The city's biggest employee union, retirees and even a few dozen residents filed objections Monday to Detroit's request for bankruptcy protection, the largest municipal filing in U.S. history and a move aimed at wiping away billions of dollars in debt.

Passage of a sweeping overhaul of Wall Street regulations in 2010 was a hallmark of President Barack Obama's first term. Three years later, amid delays and compromises that critics say have diluted its ambitious goals, the president is trying to rekindle the law's promise.

LIMRA found that total annuity sales were $56.5 billion in the second quarter, or 9 percent higher than in the first quarter.

The debate about when Americans should be able to collect full Social Security benefits is once more under way.

Banks, bond insurers, employee pension systems and others standing to lose big if a federal judge declares Detroit insolvent are expected to legally file their objections to the largest municipal bankruptcy in U.S. history.