Blind supporters of Social Security are fond of saying that the program is running a surplus; that simply is not true. Before 2010 the incoming
Category: Retirement
Pensions, saving and planning for retirement, pension laws
What’s wrong with this retirement picture?
14% of private sector workers have a traditional defined benefit pension. Meanwhile 84% of state and local government workers have such a pension and 100%
Close to 50% of retired households spend more money, not less, in retirement
Contrary to what many of us have been led to believe, being retired doesn’t necessarily mean spending less. A report by the Employee Benefit Research
Taxing issues for your 401k
Whoopee, you have $500,000 in your 401k plan … but do you really? Uncle Sam giveth and Uncle Sam taketh away. Let’s say that of
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