Department of Labor

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Innovative state solutions to America’s savings crisis are in danger. Federal overreach threatens an important Department of Labor rule that gives states flexibility to help workers save for retirement.
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En español | According to the Council of Economic Advisers, last year alone, a retirement savings advice loophole cost Americans $17 billion as a result of extra fees.
Molly
“People give their time to their job. They shouldn’t have to fear what happens when they’re done working.”  — Molly Sumner of Kindred Companions
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Yesterday was the due date for comments on a rule proposed by the U.S. Department of Labor that would protect people with 401(k)s and IRAs from conflicts of interest in the financial services industry.
Unconventional family
Starting March 27, legally married same-sex couples will be able to take unpaid time off to care for a spouse or sick family members even if they live in a state that doesn’t recognize their marriage.
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If you're fortunate enough to get a company match in your 401(k) savings plan, you might be feeling lucky. Unless you're in a plan that's being shortchanged by your employer.
How much income will 401(k) provide
You may be throwing money into your employer-sponsored retirement plan - let's hope you are - but do you know how much estimated monthly income your plan will provide over your lifetime?
A release from the Employee Benefits Research Institute today reports that paid sick leave was available to approximately two-thirds of Americans in March 2009. Specifically, 77 percent of full-time workers had access to paid sick leave, compared with 28 percent of part-time workers, and 90 percent of state and local government employees had access to paid sick leave.
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