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Gov't workers are losing their pensions

by
Mitchell Hartman
Sep 22, 2011
Most workers today have 401(k) plans. Government employees, however, are an exception. The retirement guarantees they thought they had are vanishing because budget woes are forcing deep cuts in government workers' promised benefits. Marketplace's Mitchell Hartman reports.

Unions cry foul over benefit cuts

by
Mitchell Hartman
Sep 22, 2011
A fight's brewing in Baltimore over efforts to cut pensions for cops and firefighters. It mirrors similar struggles across the U.S. As local governments try to balance their budgets, retiree benefits are a juicy target. Mitchell Hartman reports that doesn't sit well with public-employee unions.

Immediate annuity

by
Chris Farrell
Jun 21, 2010
Question: My husband and I will be 60 this year and our retirement savings will, under very conservative scenarios, provide a good retirement...

Older workers can't get into job market

by
Sep 22, 2011
Sherri McClendon and many other older workers face the dilemma of being too old -- and hence, too expensive -- to be considered for many jobs and being too young to qualify for retirement benefits.

Europe slowly making workers retire later

by
Stephen Beard
Sep 22, 2011
France wants to push the retirement age up from 60 to 62. Europeans retire before 60 in several countries, but many want to change that.

Wal-Mart will offer bank accounts through debit card company

by
Stephen Beard
Jun 16, 2010
Wal-Mart has purchased a minor stake in a debit card company with a plan to offer savings accounts to its core customers.

In or out? Where to put your money now

by
Sep 22, 2011
Tess Vigeland talks to three money managers for advice on what to do with your money in this time of economic uncertainty.

Getting Personal

by
Sep 22, 2011
Host Tess Vigeland and Kathy Kristof of CBS MoneyWatch take your questions on retirement -- like, how can a surfer in New Zealand save for her eventual American retirement? And is it crazy to borrow from retirement to buy a house?

Bankruptcy 'not an option' to help L.A.

by
Apr 26, 2010
L.A.'s high pension costs are a big budgetary problem for the city, and bankruptcy may be on the horizon. But L.A. Mayor Antonio Villaraigosa insists that's not an option. Chris Richard explores why.

Young workers squeezed out of labor force

by
Daryl Paranada
Apr 9, 2010
According to a study by the Economic Policy Institute, young workers are being pushed out of the labor market as older workers delay retirement or...

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