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Chamber wants states to cut back on pensions

Jul 30, 2010
The U.S. Chamber of Commerce says states should cut contributions to retirement plans during lean times.
Posted In: Retirement

Gov't workers are losing their pensions

Jul 2, 2010
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.
Posted In: Retirement

Unions cry foul over benefit cuts

Jun 29, 2010
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.
Posted In: Retirement

Immediate annuity

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...
Posted In: Retirement

Older workers can't get into job market

Jun 18, 2010
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.
Posted In: Jobs, Retirement

Europe slowly making workers retire later

Jun 16, 2010
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.
Posted In: Retirement

Wal-Mart will offer bank accounts through debit card company

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.
Posted In: Retirement

In or out? Where to put your money now

Jun 11, 2010
Tess Vigeland talks to three money managers for advice on what to do with your money in this time of economic uncertainty.
Posted In: Investing, Retirement, Savings

Getting Personal

Jun 11, 2010
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?
Posted In: Housing, Investing, Retirement

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

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.
Posted In: Retirement