Obama Wants to Cut Social Security By Changing Benefit Calculation

    Last week, President Obama submitted to Congress his version of a federal budget for the 2014 fiscal year. And soon, like the half-dozen other budget proposals that have been introduced by, and then summarily dismissed in, both the House and Senate, this ...

    American Workers Draining Their 401(k)s Should Rethink Retirement Accounts

    More than 30 years ago, Congress created 401(k) plans as a way for employers to encourage their workforce to save for retirement.Since then, 401(k) and other employer-funded, defined contribution (DC) programs, as well as individual retirement accounts ...

    Retirement Now More Scary than Death

    Senator Tom Harkin (D-Iowa), Chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions, sees a crisis ahead.According to Senator Harkin, the ticking time bomb that will explode, causing widespread societal damage, is the "retirement ...

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