| Nov 12, 2013
| 11:36 AM
The percentage of U.S. workers who participate in their employers’ retirement plans slipped to 39% in 2012, according to a report by the Employee Benefit Research Institute.
Despite the tax savings and long-term benefits of stashing pre-tax...
| Nov 1, 2013
| 7:52 PM
When Robert Rizzo pleaded no contest to corruption charges last month, many of the trappings of his former life as Bell's highly paid city manager were gone: the house near the ocean in Huntington Beach, the horse farm outside Seattle, the stable of...
| Oct 27, 2013
| 5:00 AM
Dear Liz: I'm in my late 60s and plan to retire in about two years. I have a pension that will pay close to my current take-home income. I also have about $500,000 in annuities and IRAs. These plus Social Security make retirement look good. But right...
| Oct 23, 2013
| 10:51 AM
The average millennial graduating from college today will not retire until age 73 because heavy student-loan debt will prevent them from saving enough money for an earlier retirement, according to a new study.
The typical graduate has a “seemingly...
| Oct 15, 2013
| 1:56 PM
A group of Democratic and Republican mayors are hoping to qualify a measure for the November 2014 ballot that could dramatically reduce retirement benefits for current and future public employees.
The measure, filed with the state attorney general&...
| Sep 4, 2013
| 10:35 AM
The 401(k) system has led to deep financial woes for a generation of American workers, leaving most people with inadequate retirement savings and dreary prospects for their latter years, according to a new research report.
The widespread adoption of...
| Aug 29, 2013
| 4:02 PM
Like most employers, Trader Joe's is grappling with how to look after the well-being of its workers amid difficult financial circumstances.
In May, the head of the privately held Monrovia company, with stores nationwide, sent a confidential memo to...
| Aug 23, 2013
| 3:51 PM
Dear Liz: Two years ago, my husband was denied a revolving $12,000 line of credit. The credit reporting agency indicated that denial was based on "little revolving usage, insufficient or no bank lines, and insufficient open accounts with zero balances."...
| Sep 1, 2013
Dear Liz: How long must I be punished for my ex's poor payment history? In our divorce he agreed to pay the credit cards and other bills. He defaulted and has filed for a Chapter 13 bankruptcy. My credit scores plummeted, and recently one of the cards I...
| Aug 16, 2013
| 6:41 AM
Americans rely heavily on 401(k)s to fund their hoped-for retirements, but many people find the plans bewildering and aren’t sure they’re making the right investment choices.
That’s the upshot of a new survey by Charles Schwab Corp.,...
| Jul 19, 2013
| 8:04 PM
Dear Liz: My partner passed away a little more than a year ago. I inherited his 401(k) and life insurance. I opened an IRA in which to place the amount of the 401(k), but the company told me that after a year (which is now), I have to withdraw the money...