Many companies are expected to suspend 401k's in the near future, and pension plans are becoming a rarity. But if you do have a pension, is it safe? Tess Vigeland asks Olivia Mitchell of the Wharton School of Business.
Congress is meeting to explore ways to help workers cope with shrinking 401K's. One method would encourage penalty-free 401K and IRA loans. Nancy Marshall Genzer looks into what else the House is considering.
Jittery investors pulled half a trillion dollars out of money-market funds in the past few months, tightening up another source of credit. So, it's Fed to the rescue again. Senior Business Correspondent Bob Moon reports.
Marketplace presents "Here's What I'm Doing," a series asking people from all walks of life how they're coping with the financial crisis. In this edition, Marketplace Money listener Lita Powell-Drake.
While the stock market has been fluttering, public pension funds have remained fairly insulated from the ups and downs. Danielle Karson explores why they've been mostly safe — and why private plans may be in trouble.
Does retirement savings seem like a guessing game? Host Tess Vigeland talks with Lee Eisenberg, author of "The Number," about the factors you should consider when preparing your nest egg.
The recent financial turmoil is particularly unnerving for retirees and seniors. We hear from Marketplace listeners watching their nest eggs dwindle before their eyes.
When a lot of us first heard the news about Lehman Brothers declaring bankruptcy, our first thoughts went something like this: What about my money? Marketplace Money host Tess Vigeland explains what to do with your personal finances.