retirement accounts

Illinois workers enrolled in the state’s Secure Choice retirement savings program have collectively saved more than $90 million for their retirement.

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.

Bloomberg News recently wrote about brokers profiting by advising retirees to roll their 401(k) accounts into IRAs. Many of the retirees interviewed said they lost a lot of their savings from investments subsequently recommended to them. But this doesn't mean you shouldn't consider…