Business and Other News
Articles
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24% put retirement plans on hold, EBRI says
By Doug Halonen; Pensions & Investments ~ Mar 09, 2010 Almost one in four workers in an EBRI survey postponed plans to retire this year, with 29% of those citing the poor economy as the reason...
Defaulted Loans May Haunt Seniors
By Ellen E. Schultz; The Wall Street Journal ~ Mar 08, 2010 A little-noticed law could soon result in smaller Social Security checks for hundreds of thousands of the elderly and disabled who owe the U.S. money from defaulted loans and other debts more than a decade old...
Middle Boomers Not Too Worried About Retirement Funds Lasting
By Annie Gasparro, DJN; The Wall Street Journal ~ Mar 08, 2010
The middle boomers generation, a segment of the baby boomers who are currently 52 to 58 years old, aren't very concerned about outliving their retirement funds, but maybe they should be, says Sandra Timmermann, director of the MetLife Mature Market Institute...
Legislation Articles…
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Senate Democrats will try this week to finish off a package of corporate tax breaks and aid for the unemployed and take another stab at sending President Obama the $15 billion measure that provides employers a payroll tax break for hiring those who have been out of work at least 60 days...
President Barack Obama's budget will lead to deficits averaging nearly $1 trillion over the next decade, the CBO estimated...