SALT LAKE CITY-- Utah Gov. State forecasts show Utah will have an extra $338 million to spend next year, the bulk of which will go toward education. But once Social Security and retirement deductions are factored in, the $62 million increase will effectively maintain the status quo for teacher salaries, Mickelsen said.» Read More
"The idea of putting the American people's hard-earned progress at risk is the height of irresponsibility and doesn't have to happen," Obama said.
A government shutdown would have far-reaching consequences at federal agencies dealing with everything from Social Security checks to national parks.
An upcoming GAO report says Social Security may have overpaid billions in benefits to people who had too much income from work to qualify.
If your golden years seem threatened because of financial setbacks, don't panic. Here are 10 tips from retirement experts on your next steps.
WASHINGTON, Aug 7- If you think figuring out how much money to put into your retirement savings accounts is complex, wait until it's time to take money out. That is emotionally challenging to people who have spent their lifetimes trying to build their nest eggs, but it is also a mathematical challenge.
CHICAGO, Aug 1- The U.S. Chamber of Commerce and AARP usually can be found on opposite ends of the ideological spectrum when it comes to retirement policy. The two Washington advocacy powerhouses have often been at loggerheads on key policy fights, such as Social Security and Medicare reform.
Rory Fitzgerald, director of the European social survey at the City University in London, comments on his survey which revealed a rise in job insecurity and a fall in trust in democracy in Europe since the crisis began.
WASHINGTON, June 25- Only cave dwellers have missed the boom in retirement-planning studies: what seems like a daily barrage of industry-funded surveys and white papers pointing to an aging population so woefully unprepared they will have work until they are 90, brown-bagging cat-food lunches when they do.
WASHINGTON, June 26- Same sex couples are rejoicing after today's Supreme Court ruling declaring the Defense of Marriage Act unconstitutional. "It will be less costly to be gay," said Debra Neiman, an Arlington, Massachusetts, financial adviser and author of "Money Without Matrimony."
*Ford, UAW pilot modeled after Boeing program. DEARBORN, Mich., June 24- Ford Motor Co is launching a two-year pilot program with the United Auto Workers and a UAW-affiliated retiree trust fund aimed at lowering the cost of providing medical care for the company's active and retired hourly workers.
*Ford, UAW pilot modeled after Boeing program. DEARBORN, Mich., June 24- Ford Motor Co is launching a two-year pilot program with the United Auto Workers and a UAW-affiliated retiree healthcare trust aimed at lowering medical costs for the second-largest U.S. automaker's active and retired hourly workers.
More upbeat about their prospects, Boomers are reshaping traditional notions of how the golden years should be lived.
Social Security needs small fixes, but there's little political will to tackle reform, said Jack Bogle, Vanguard founder.
A new report finds that seniors who are African-American, Hispanic, female or 80 and older are more likely to face economic woes than other older Americans.
President Francois Hollande's government aims to save up to 2 billion euros annually from 2016 under a proposed reform of France's generous system of family benefits.
CNBC's Eamon Javers reports on changes made to Social Security and Medicare. Social Security now has resources sufficient to cover benefits until 2033.
A little known rule change is signaling just how meaningless the retirement vehicle has become.
An estimated 120,000 cases of fraud will rise from a single, huge data breach last year, resulting in more than $3,300 in losses, on average, for each victim.
One of the biggest challenges facing Beijing's new leadership is how to spread the benefits of growth to every citizen.
President Obama's proposal to slow Social Security spending by calculating cost-of-living increases differently has given conservatives and liberals something in common: they hate it.