Older Americans have more than doubled their amount of debt over a dozen years, and many of them make ends meet by forgoing home or car repairs and cutting medications in half, according to a new report by the National Council on Aging.
Small businesses would be able to band together to create a joint 401(k) retirement plan, and some part-time workers could participate in their employer’s plan, under proposals to be included in President Obama’s final budget to Congress.
If you recently changed your password to “starwars” in honor of the blockbuster movie, congratulations. Your new password is among the world’s worst — or rather, one of the most hackable.
The U.S. Department of Labor is paving the way for states to sponsor retirement plans for millions of private-sector workers who don’t have such programs on the job.
En español | Don’t expect boomers to jump into retirement and pursue a life of full-time leisure. Once they leave the workforce, many of them want to, well, continue working — often in an entirely new field.
En español | As Social Security celebrates its 80th birthday, the program remains as popular as ever among all age groups, although some people are skeptical and confused about its long-term financial outlook.
En español | Nearly 60 million Social Security recipients will probably not get a cost-of-living increase next year, according to projections in the 2015 Social Security and Medicare trustees reports.