IRS

Eight national women’s organizations and the Pension Rights Center submitted comments to the Department of the Treasury, generally supporting proposed IRS rules aimed at encouraging lifetime income options in retirement plans.

Pensions used to be a reliable stream of retirement income, but these twists and turns could put a pension benefit in jeopardy.

Saint Vincent Health System, scrambling to reverse more than $23 million in losses since 2009, wants to save money by changing its employee pension plan.

Seeking to cut pension costs, Jewish social service groups are using an obscure tax loophole to skirt federal rules that protect workers from being left out in the cold if their retirement plans collapse.