U.S. Labor Secretary Thomas Perez, discusses the White House's proposed new rules for brokers on retirement accounts, and the impact of a stronger dollar on exports.» Read More
David Rubenstein said he saw PE opening to a larger client base, including individuals managing their 401(k) investments, the NYT reports.
WASHINGTON, Feb 24- The U.S. Supreme Court on Tuesday appeared ready to give Edison International employees who accused the utility of favoring higher-cost mutual funds over lower-cost ones in its retirement plan a chance to revive some of their claims. There appeared to be consensus among the justices that a 9th U.S. Circuit Court of Appeals ruling in favor of...
WASHINGTON— The Supreme Court appeared likely Tuesday to make it easier for participants in employee retirement plans to challenge companies' investment decisions that eat into retirement savings. The justices heard arguments in an appeal filed by current and former employees of energy company Edison International. Fifty-three million people hold...
WASHINGTON, Feb 24- The U.S. Supreme Court on Tuesday appeared set to revive certain claims in a class action lawsuit against Edison International by employees who accused the utility of favoring higher-cost mutual funds over-lower cost ones in its retirement plan. The case concerns a lawsuit filed by Glenn Tibble and other employees against Edison...
Discussing how President Obama plans to change the rules on brokers who deal with retirement accounts, with CNBC's Sharon Epperson.
President Obama spoke to AARP about a bid to change the rules on independent brokers who deal with retirement accounts. CNBC's Sharon Epperson; Doug Flynn, Flynn Zito Capital Management; and Dale Brown, Financial Services Institute, discuss.
The Labor Department is readying new proposed rules on retirement investment advice, and the battle lines are being drawn.
In all three states, Alaska, West Virginia and Michigan, problematic funding gaps widened, the report said. In 2006, Alaska switched newly hired state workers from its two biggest traditional defined benefit plans to a defined contribution plan. In 2014, Alaska made a $3 billion cash infusion into the defined benefit plans to shore them up.
CNBC's Sharon Epperson reports 85 percent of the portfolio of the average 25-year old is in equities. Rob Arnott, Research Affiliates CEO, discuss.
Even minor cognitive changes can reduce financial decision-making ability, but many don't realize it.
Should you put your money in a Roth IRA? Mad Money host Jim Cramer helps investors understand the best place to save their money.
How President Obama's budget proposal could directly impact retirement savings, with CNBC's Sharon Epperson.
The number of 401(k ) millionaires has double in the past 2 years, reports CNBC's Sharon Epperson. Jonathan Clements, "Money Guide 2015" author, provides insight on the surge.
Trying to get your finances under control? Now you can, with just a few clicks.
Retirement guides run the gamut—from stating the obvious to engaging in scare tactics. Here's a checklist of things to boost your savings.
Even though they make millions during their career, professional athletes have an even greater risk of outliving their money, since their retirement can last 50 years or more. CNBC's Sharon Epperson discusses a new game plan with BrightScope founders Mike and Ryan Alfred.
Dec 4- Electronics retailer RadioShack Corp will stop matching employees' retirement-fund contributions and review health benefits to help cut costs, Bloomberg reported on Thursday, citing an internal memo. RadioShack will discontinue matching for 401 and 1165 plans on Feb. 1, the memo from Chief Executive Officer Joe Magnacca said, according to Bloomberg.
Rule changes on guaranteed pension payments look promising, but are they for you?
Rolling over 401(k) money to pension offers lifetime income stream. The benefits and the drawbacks, with CNBC's Sharon Epperson.
Fewer investors are going all-in with their retirement savings.