Many Retirees May Lose Benefit From Employers
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A new regulation allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited benefits â or none at all â for those older.
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More Americans are quitting the workforce without retiring their mortgage. Big mistake? It could prove more taxing than they ever imagined.
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WASHINGTON -- Maybe you're saving too much for retirement. You may also be eating too many vegetables, spending too much time with the kids, exercising too regularly, and doing your job too diligently.
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Even with Medicare, you'll end up paying nearly half of your health-care expenses, so if you don't have retiree coverage from your employer, you may want supplemental insurance. Make sure you have what you need.
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Many small-business employees have no access to retirement plans at work.
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Within the next few weeks, workers  are likely to find a little something extra in their paychecks.  No, sorry ... it's not money. Those fat envelopes will be  stuffed with the paperwork that goes with new benefit plans.
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Nearly a quarter of workers retire early because of health problems, according to a survey released by Fidelity Investments yesterday, a finding likely to fuel a growing debate over how much Americans need to save for their retirement years.
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Retirees face a whopping medical bill in their golden years.
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WASHINGTON -- Without a doubt, many employees who have access to a retirement plan at work contribute some money to it.
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A new regulation allows employers to establish two classes of retirees, with more comprehensive benefits for those under 65 and more limited ones, or none at all, for those older.
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WASHINGTON -- Employers can reduce their health insurance expenses for retired workers once they turn 65 and qualify for Medicare, the Equal Employment Opportunity Commission has affirmed.
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Almost half of the states may have to choose in the years ahead between their pension obligations and other public programs.
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Near-retirees age 55 and older would receive benefits without any changes under President Bush's far-reaching plan for Social Security. But the government guarantee would drop for younger workers whether or not they set up personal accounts.
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By Helen Huntley, St. Petersburg Times, Fla.  Sep. 7--If your nest egg is puny, you may not be able to retire, but at  least you'll have lots of company.    The Tampa Bay area isn't just below average nationally, it's among the  worst in the state for nurturing nest eggs.
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WASHINGTON  - For years, companies have preached to employees about the need to save in a 401(k) plan. Now, many employers have dropped the gloves, turning to creative, even off-the-wall, gimmicks to shake the lapels of their time-starved, information-overloaded workers and boost enrollment.
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In todayÂs self-directed retirement system, it is important to keep tabs on details that can have a big impact on your retirement savings.
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SACRAMENTO, Calif. -- Personal information about hundreds of thousands of retirees' may have been compromised after two security breaches involving pension funds in California and New York.