While the benefit is extremely rare in the private sector, where use-it-or-lose-it policies prevail, state and local government workers around the country can convert unused sick time into straight cash, retirement credits or use them to pay for health care when they retire.
Total U.S. money market mutual fund assets rose $16.46 billion to $2.639 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
A new report by the Investment Company Institute found that of the workers who have a desire to save for retirement, three-quarters had access to a pension plan through their own or their spouses employer, and 93 percent of those with access participated.
In 2010, more than 70 million American workers did not have access to an employer-sponsored retirement plan, according to a new study from the Investment Company Institute.
More than 30 House Democrats sent a letter to Secretary of Labor Hilda Solis on Monday that not only thanked her for Phyllis Borzis decision to withdraw the DOLs proposed rule redefining the term fiduciary, but also set out specific areas the new rule should address when its reproposed in...
The Food and Drug Administration is planning to spend about $600 million over five years to educate the public about the dangers of tobacco use. Declines in U.S. smoking rates have stalled in recent years.
A new Investment Company Institute study of participant activity in 401(k) plans shows that individuals are still committed to saving for their retirement, despite market volatility.
Total U.S. money market mutual fund assets fell $1.98 billion to $2.634 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.