The Social Security fix no one is talking about

The Social Security fix no one is talking about

What if the traditional wisdom on how to fix Social Security no longer holds? The trustees who oversee the program issued their annual financial forecast yesterday, predicting that the combined retirement and disability trust fund reserves will be depleted in 2035...
If you’re in a lousy 401(k) plan, what should you do?

If you’re in a lousy 401(k) plan, what should you do?

Fees are one of the most important factors of successful retirement investing — they determine how much ends up in your pocket after mutual funds and 401(k) plan providers take their cut. But most people are oblivious. If they take note of costs at all, fees of one,...
A pension bailout three years ago continues to reverberate

A pension bailout three years ago continues to reverberate

Three years ago, Congress took the unprecedented step of spending taxpayer dollars to bail out private-sector pensions plans.  As part of a $1.9 trillion Covid stimulus bill, lawmakers approved an $86 billion package for multiemployer plans facing insolvency to apply...
Delaying Medicare sign-up can be a costly mistake

Delaying Medicare sign-up can be a costly mistake

Medicare requires that nearly all workers sign up for the program during a seven-month Initial Enrollment Period (IEP) that includes the three months before, the month of, and the three months following their 65th birthday. If you are already receiving Social Security...