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
If you're a Baby Boomer, the biggest challenge in looking for work may come with reimagining your career. You don't have to completely reinvent yourself, but you may have to adapt to a new environment.
The White House spokesperson Jay Carney says social security reforms are considered to be on a separate track from fiscal cliff discussions, reports CNBC's John Harwood.
To help mitigate the risk that inflation can introduce to a portfolio, you need to be on the defensive. Even modest inflation can erode your retirement savings. Here's how.
CNBC's Jim Cramer speaks to NBC's Matt Lauer about the compromise lawmakers have to make in order to avoid going over the fiscal cliff.
If we do not get our economy in order, what could happen to America? Debt Commission co-chairs Alan Simpson and Erskine Bowles, offer insight. "Absolutely, the U.S. could go bankrupt," says Bowles.
Debt Commission co-chairs Alan Simpson and Erskine Bowles, discuss the impact going over the fiscal cliff could have in next year's economy.
Debt Commission co-chairs Alan Simpson and Erskine Bowles, discuss tax rates, spending cuts, and how likely it is that cuts in health care could occur.
Financial reform proposals for Social Security are in two major deficit reduction packages, as well as on a number of mental lists of major players.
Technically, it shouldn't be, but some say it makes a lot of sense to include it.
The biggest culprits that lead to a hangover of holiday debt are a lack of planning and spontaneous shopping. Here are some steps to avoid falling into that trap.
Dallas Fed President Richard Fisher told Larry Kudlow if the worst happens and the nation goes over the fiscal cliff, he doesn't see the Fed providing a backstop.
They criticized his plan only last week, but now top Democrats are suggesting that Mitt Romney's plan to stem the fiscal cliff may be best for America.
President Obama met with labor union and progressive leaders at the White House today. Damon Silvers, AFL-CIO Special Counsel, discusses getting the labor union back in shape, and tax reform. Karen Finney, The Hill and James Freeman, Wall Street Journal, weigh in.
Mayan end times prophesies aside, it's Washington's Sisyphean effort to balance its books that might bring about Armageddon.
Raising taxes on the wealthy along with entitlement reform and spending cuts need to be part of any solution to the country’s fiscal problems, Jeff Gural, Newmark Knight Frank Chairman, told CNBC’s “Squawk on the Street” on Monday.
Among the fires that President Obama must fight immediately in his second term, Social Security reform isn’t in the mix. But if the president studies past administrations — and aims to enhance his legacy, as presidents do — Social Security may well rise to the top.
A number of deficit-reduction plans include proposals to reform the federal retirement benefits program. What do you think?
A new survey finds that 83 percent of retirees claim Social Security early in part out of worry for the program's health.
For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.
With more people worried about outliving their retirement savings, there's growing interest in finding a guaranteed-income stream for retirement. Annuities fit that bill.