GO
Loading...

Social Security

More

  • Retirement on Hold: American Workers $6 Trillion Short Wednesday, 15 Sep 2010 | 7:00 AM ET

    A new study by Boston College's Center for Retirement Research says Americans are $6.6 trillion short of what they need to retire.

  • Retiring Later Is Hard Road for Laborers Monday, 13 Sep 2010 | 10:42 AM ET
    blacksmiths_old_200.jpg

    At the Cooper Tire plant in Findlay, Ohio, Jack Hartley, who is 58, works a 12-hour shift assembling tires: pulling piles of rubber and lining over a drum, cutting the material with a hot knife, lifting the half-finished tire, which weighs 10 to 20 pounds, and throwing it onto a rack.

  • ira_roth_401k_eggs_200.jpg

    Investors are not playing the stock market game with confidence like they used to, mainly because the game of making money has gotten tougher and more volatile since the financial crisis. Retail investors are buying fewer stocks.  Instead, they're moving into safer investments, like cash and bonds.

  • retirement_couple.jpg

    The debate about class struggle is getting old, but so is the largest demographic in the country. Somebody will have to support those who spent the last 30 years in control of an economy entrusted to them by their depression era parents, one that boasted a balanced budget and an aversion to immediate gratification.

  • President Barack Obama

    President Obama is playing “Watch the Birdie” with Americans over the age of 50, diverting their attention with handouts and scare tactics to hide in plain sight the enormous damage his policies are doing to the retirement safety net.

  • What to Do With Your 'Old' 401(k) Tuesday, 31 Aug 2010 | 8:06 PM ET
    ira_roth_401k_eggs_200.jpg

    It probably makes sense to convert your old 401 (k) to a Roth IRA  if you think you're going to be in a higher tax bracket later and you have the money to pay the taxes you'll incur with the conversion.

  • Battle Looms Over Huge Costs of Public Pensions Saturday, 7 Aug 2010 | 9:19 AM ET
    broke

    There’s a class war coming to the world of government pensions.  The haves are retirees who were once state or municipal workers. Their seemingly guaranteed and ever-escalating monthly pension benefits are breaking budgets nationwide.

  • Health Care Overhaul May Extend Medicare Fund Thursday, 5 Aug 2010 | 11:28 AM ET
    American healthcare reform

    The annual checkup of the government's big benefit programs for the elderly showed that the administration's sweeping health care overhaul will extend the life of the Medicare hospital insurance fund by 12 years.

  • Thousands of Healthy Workers Still on Disability: GAO Wednesday, 4 Aug 2010 | 11:51 AM ET
    Postal worker

    A Government Accountability Office report to be released Wednesday will reveal that thousands of federal and private-sector employees nationwide may be committing fraud by collecting disability benefits from the federal government when they’re perfectly healthy and working full-time jobs.

  • Facing Pension Woes, Maine Looks to Social Security Wednesday, 21 Jul 2010 | 11:02 AM ET
    Social Security Card

    Lawmakers in Maine have found an unusual tool for tackling their state’s pension woes: Social Security. The NYT reports.

  • New Rules for Target-Date Retirement Funds Tuesday, 6 Jul 2010 | 10:35 AM ET
    401k.jpg

    The Securities and Exchange Commission has introduced new rules to help investors figure out how target-date funds in their 401(k) and other retirement accounts are supposed to hit their target.

  • Raise Social Security Retirement Age: Budget Expert Thursday, 10 Jun 2010 | 1:30 PM ET

    Americans are living and working longer, and Alice Rivlin, a member of President Obama’s National Commission on Fiscal Responsibility and Reform, told CNBC it is time the Social Security retirement age reflects this fact of life.

  • Baby Boomers' Game Plan for Retirement Monday, 17 May 2010 | 1:25 PM ET

    David Faber talked with Senior Portfolio Manager Frank Troise about what Boomers need to do now, after being crushed by the financial crisis.

  • In Greek Debt Crisis, Some See Parallels to US Thursday, 13 May 2010 | 12:53 AM ET
    Shops in Athens' central market.

    It’s easy to look at the protesters and the politicians in Greece — and at the other European countries with huge debts — and wonder why they don’t get it. Yet in the back of your mind comes a nagging question: how different, really, is the United States? The NYT explains.

  • Social Security to See Payout Exceed Pay-In This Year Thursday, 25 Mar 2010 | 3:27 PM ET
    Social Security Check

    The system is projected to pay out more in benefits this year than it receives in taxes, a tipping point toward insolvency that was not expected before 2016.

  • House Passes $15 Billion Package For Job Creation Thursday, 4 Mar 2010 | 3:46 PM ET
    unemployment_building.jpg

    Congressional Democrats on Thursday made headway on their top legislative priority—job creation—when the House of Representatives approved a $15 billion package of tax credits and highway construction.

  • Donahoe and Trump: Tale of Two Boomer CEOs Thursday, 4 Mar 2010 | 1:35 PM ET
    Donald Trump and John Donahoe

    From the Internet revolution to the real estate boom, John Donahoe and Donald Trump have witnessed eras of great innovation and prosperity, as well as economic downturns. Now, both share what being a Baby Boomer has meant to them and their business.

  • The Boomer in Me, We and Technology Thursday, 4 Mar 2010 | 1:07 PM ET
    Brian Dunn

    Best Buy CEO Brian Dunn shares what being a Boomer has meant to him and to his business.

  • Boomers Continue to Fuel High-Tech Thursday, 4 Mar 2010 | 11:33 AM ET
    Close up of someone typing on a laptop.

    As they approach retirement age they are witnessing the rise of the most technology-savvy digital natives in the history of humankind. Is there any way for Baby Boomers to compete with a generation that has been completely immersed in technology since birth? The answer is....

  • Grano to Grano: A Generation's Lessons Thursday, 4 Mar 2010 | 11:31 AM ET

    Joe Grano’s career is the stuff of Wall Street legends.  He put in 16 years at Merrill Lynch, before becoming President of Paine Webber and then CEO of UBS Paine Webber.  He left in 2004 to start his own firm, Certurion Holdings.