| Nov 13, 2012
| 6:02 PM
L.A. labor leaders are coming out swinging against former Mayor Richard Riordan's push to place an initiative on next year's ballot switching new city workers into 401(k)-style retirement plans....
| Nov 14, 2012
| 2:23 PM
Multi-millionaire businessman and former L.A. mayor Richard Riordan has accepted a police union's challenge to put his mouth where his money is....
| Nov 14, 2012
| 6:54 PM
Former L.A. Mayor Richard Riordan's plan for cutting city pension costs took center stage in Wednesday's mayoral forum in Koreatown, with three of the four leading candidates in the March 5 election speaking against it during or after the event....
| May 27, 2012
WASHINGTON — It's a mortgage problem that is likely to intensify as home-owning baby boomers by the millions shift into retirement: Although they may have significant financial assets tucked away in retirement accounts, their diminished monthly...
| Jun 18, 2012
| 11:28 AM
A majority of people in a new poll say they’ll vote according to their pocketbook in November — but that doesn’t necessarily give either presidential candidate an edge.
Fifty-nine percent of Americans say their personal financial...
| Sep 26, 2012
The one thing about the National Football League on which almost everyone agrees is that it takes its job of providing first-rate entertainment very seriously.
That could be one explanation for the league's effort to supplement the pleasure of watching...
| Sep 30, 2012
Dear Liz: My former employer is offering the one-time opportunity to receive the value of my pension benefit as a lump-sum payment. The other option is to leave the money where it is and get a guaranteed monthly check from a single life annuity when I...
| Jul 16, 2012
| 3:58 PM
Americans are borrowing huge amounts of money from their 401(k) retirement plans -- and then having big trouble paying off their debt, according to a new study.
Defaults on 401(k) loans have totaled as much as $37 billion a year in recent years, far...
| Feb 19, 2013
| 3:32 PM
It's amazing, and depressing, when political compromise functions only to throw obstacles in the way of ideas that bring the greatest good to the greatest number of people.
Today's example: the long, tortuous road to bringing more retirement security to...
| Mar 1, 2013
| 8:06 PM
Dear Liz: I just turned 70. Must I draw now from my IRA? I still work full time. I heard from one investment company representative that since I work, there is an exemption that I may not have to start withdrawals. Is this true?
Answer: You can postpone...
| Feb 3, 2013
Dear Liz: I'm 22 and a graduate student with only one year left before I enter the "real world." I have four credit cards — one store card, two Visa cards and one MasterCard — only one of which carries a balance. I want to make the best...