Pension News

As I was reading the most recent edition of the Private Pension Plan Bulletin Abstract of 2007 Form 5500 Annual Reports [PDF], published by the Labor Department’s Employee Benefits Security Administration, I noticed something rather odd in one of the footnotes.  (more…)

New data released by the U.S. Census Bureau contains information that may come as a surprise: Of the age groups surveyed (ages 18 and under, ages 18-64 and individuals age 65 and older), it was the group of Americans age 65 and older who have the lowest rate of poverty at 9.7 percent. (more…)

A new study released by the Ariel Education Initiative and Hewitt Associates and funded by the Rockefeller Foundation confirms what many researchers and retirement policy experts have known for a while now: When it comes to providing retirement income, 401(k) plans just aren’t cutting it for many minorities. (more…)