Pensions

In the wake of the financial crisis, it has become more common for investors to see the obvious benefits of a pension that guarantees steady payments. Of course, businesses are less likely than ever to offer this to workers. Many are freezing or outright canceling pensions. A consulting firm known as Towers Watson reports...
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Unfortunately in this world you cannot always trust the person who is suppose to be giving you advice on your investments. Too many times these stock brokers are out to gain a commission for themselves without really being concerned about how your portfolio does. This is why you should always start asking questions if...
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The House has proposed that retirees be eligible to receive part of their retirement savings in a guaranteed life time income account. Retirement groups have hailed this House decision. The bill, H.R. 2748, called the Retirement Security Needs for Life Act, was introduced by Reps. Earl Pomeroy, D-N.D. and Ginny Brown-White, R-Fla. Part of...
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