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retirement security

Pension Plans Take Healthy Turn --- Rising Markets Aid Big Firms' Funds; Failure Risk Lessens

Original publication date: 
Tuesday, January 23, 2007 (All day)

After years of steep underfunding, pension plans are now healthy, thanks to several years of double-digit investment gains and rising interest rates, separate studies from benefits consultants suggest.

Retiree Annuities May Be Promoted by Obama Aides

The government is looking at ways to promote the conversion of 401(k)s and IRAs into steady payment streams after a significant decline in plan balances
Original publication date: 
Friday, January 8, 2010 (All day)

The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.

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