MORE PRESS CLIPS....
Links To Business and Other News
Articles…
Click on headline to read the article:
Retirement Wreckers
By Joshua Lipton; Forbes ~ Sep 02, 2008
According to securities regulators, luncheon seminar investment pitches are rampant across America. But they warn that, in most cases, the safe and secure annual withdrawal amounts too often assume stock market returns that aren't realistic. As a result, many investors find that in the end their nest egg has been fried...
Retirement account rules catch many by surprise
By David Pitt; The Associated Press ~ Sep 02, 2008
There's some sentiment that a government rule that forces retirees to withdraw money from their IRA and 401(k) accounts when they turn 70 1/2 may need to be changed. That's because people are living longer and need to keep as much of their retirement money for as long as possible, said several financial advisers and a leader of the Senate Finance Committee.
Boeing gives up on pension plan modifications
By Christopher Hinton; MarketWatch ~ Aug. 27, 2008
Boeing Co. has withdrawn an offer to begin replacing its traditional pension plan with an employer-sponsored plan, such as a 401(k), after its machinist union threatened to strike...
Boeing Machinists: Strike for early retiree medical benefits? Poll
By Michelle Dunlop; The Daily Herald ~ Aug 26, 2008
The early retiree medical benefit is one the Machinists have said they aren’t willing to give up...
Big Three Auto Makers Seek More Help From Washington
By Sharon Terlep & Josh Mitchell; The Washington Post ~ Aug 23, 2008Battered by high gasoline prices and weakened earnings, the Big Three auto makers and their suppliers are now seeking significantly more help from Washington in the form of government-backed loans than the $25 billion they had previously been authorized to receive...
Send mail to Webmaster with questions or comments about this web site.
Copyright © 2006
National Retiree Legislative Network
Last modified:September 06, 2008