Public finance

The new tax law has extended the grace period for outstanding 401(k) loans made by workers who switch jobs, luring more participants to borrow from their accounts, exposing them to greater risk.

Pension funds for more than 1.5 million union workers is said to be on the brink of failure.

U.S. state and local governments have good reason to root for stocks to rebound from the crash.

Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.

With many private and public pensions in the red, employees are advised to look for options that will improve their prospects, such Roth IRAs.

In order to avoid an audit, pension planners should conduct periodic audits for hard-to-find former employees.

Debt to states workers’ retirement system has soared by $33.4 billion, or $6,000 for every resident, courtesy of accounting rules.

Public pension fund investments returned only 0.6% on average in fiscal 2016,