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Retirement News

 

U.S. pensions stuck in the red despite stock market boom

NEW YORK While U.S. corporate pensions regained some swagger after Wall Street’s record run this summer, they are still far from their heyday before the 2007-2009 credit crunch when they appeared to be in great shape to meet retirement obligations.

Trump administration signals plans to defang retirement rule

NEW YORK The U.S. government will likely water down a key part of a landmark retirement rule, lawyers for the Department of Labor said, signaling that the government will offer an out for brokerages that would have been subject to class action lawsuits.

Saving hurts, and so do the errors of self-invested plans: James Saft

(This Sept. 6 story corrects academic affiliations of authors of research in paragraph 8)

Back-breaking labor helped these four-star generals on their way

NEW YORK You have to be pretty tough to make it as a four-star general in the U.S. military. So it makes sense that some top military commanders would get their starts working in rigorous first jobs.