Top 5 Issues Reshaping Retirement Planning in 2014
These are the biggest forces shaping the new reality of retirement. Be prepared.
Obama’s Budget Drops Plan to Limit Social Security Increases
The so-called chained-CPI formula was part of a bid by the president to engage in deficit-reduction negotiations with Republicans.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
Companies Squeeze 401(k)s From Facebook to JPMorgan
Employers are holding back on both the amount and the timing of 401(k) matching funds and dragging out vesting schedules.
Changes Afoot in Washington Well Ahead of Midterm Elections
"It’s virtually certain that Republicans will retain control of the House — and now are within striking distance of taking the Senate,” says strategist Valliere.
Ben Bernanke Joins Brookings Institution
Former Federal Reserve chairman to join 100-year-old think tank’s Hutchins Center for fiscal and monetary policy.
After MyRA Unveiling, Obama Still Gets Mixed Reviews on Retirement
Attempt to widen retirement account access gets praise, but Obama draws fire for saying savings incentives in the tax code neglect the middle class.
House Passes $1.1 Trillion Government Budget
Lawmakers voted 359-67 to send the measure to the Senate, which is set to pass it later this week.
Yellen Confirmed by Senate to Become Fed Chairman
Yellen, who will replace Bernanke after Jan. 31, will be the first woman to head the central bank in its 100-year history.
Larry Summers Argues for Easy Money as All Eyes Watch Fed
Summers fears the U.S. is in danger of sinking into a Japan-style stagnation, which, to be pre-empted, requires long-term “unconventional policy support” from the Fed.