Retirement education

Fiscal literacy isn’t taught in high school and colleges, so employers must counsel their younger workers about saving money.

Starting small, with financial checklists and cash flow worksheets, can have a large impact on plan participants.

One of the misconceptions is that payroll taxes should be raised and benefits should be cut considerably to save the program.

Kentucky, Louisiana and New Jersey are among the least-appealing places for employees to spend their post-work years, thanks to low scores in affordability, health-related factors and overall quality of life.

Starting small, with financial checklists and cash flow worksheets, can have a large impact on plan participants.

Ten states and one city have already taken steps to offer government-facilitated retirement programs.

A company that employs 10,000 people can save $500,000 a year by getting employees on a more sound fiscal footing.

Kentucky, Louisiana and New Jersey are among some of the least-appealing places for employees to spend their post-work years, thanks to low scores in affordability, health-related factors and overall quality of life.

Reasonable costs, healthy account balances and a high percentage of employee participants are attributes of great retirement plans.

The gap for brand-name prescription drugs for Medicare beneficiaries is likely to narrow down to 25% of drug costs from the scheduled 30% next year.