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Social Security retirement benefits for about 55 million people will go up by 3.6% next year, the first cost-of-living increase since 2009, the U.S. Social Security Administration said last week.
October 24 -
The longer you work, the better, retirement experts will tell you. Plow on until you're 70 and you'll make more, have fewer years of retirement to fund, and collect a fatter Social Security check. But that's not always desirable, or possible.
October 24 -
In Tomlinson v. El Paso Corporation, the United States Court of Appeals for the Tenth Circuit recently held that El Paso Corporations transition to a cash balance pension plan did not violate federal anti-age discrimination and pension laws. In doing so, the court offered important guidance to employers that provide pension benefits to their employees.
October 21 -
American workers are becoming more and more pessimistic about their retirement prospects, according to a new survey by Sun Life Financial, but those who have invested in annuities or hold long-term care insurance are decidedly more confident.
October 20 -
FINRA this week issued an investor alert urging the roughly 30% of American workers who are not contributing enough to their 401(k) plans to receive a full employer match to step up their contributions in order to meet their eventual retirement needs.
October 19 -
The Obama administration is pulling the plug on a long-term, home-care program included in the 2010 health care reform law that Republicans have derided as a budget trick.
October 18 -
As the cost for health insurance continues to rise, the relationship between a benefit professional and a customer looking for affordable health care benefits can become strained. Despite the tough times, Read in today's BeAdvised why a broker who can provide a silver lining will stand out from the competition as a credible, valuable consultant.
October 18
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WageWorks Inc. is sponsoring a consumer education campaign which provides resources and tips on the advantages and proper uses of pre-tax benefits. Save Smart, Spend Healthys focus expands this year to include information on pre-tax dependent care and commuter benefits, in addition to health care flexible spending accounts.
October 17 -
The American Association for Long-Term Care Insurance announced last week that it will publish its third consumer-focused advertorial section, entitled Fresh Perspectives on Long-Term Care Planning" in the December issue of Kiplingers Personal Finance magazine.
October 17 -
Amidst resistance and apparent confusion surrounding its new employee rights notice-posting rule, the National Labor Relations Board (NLRB) has pushed back the rule’s effective date by more than two months. Employers affected by the rule must now post the notice by January 31, 2012. The rule, which requires employers to post a notice of workplace employee rights under the National Labor Relations Act, was previously slated to go into effect November 14, 2011. The NLRB
October 14
