Lifetime Income Projections Useful, but Workers Not Surprised by Outcome: EBRI
More than 81% of workers said they would continue to contribute at their current rates after hearing their projected monthly income amount.
Obama Lobs College Affordability Bomb as Congress Gears Up for Budget Talks
President Obama hit the road last week to promote his new college affordability plan, just weeks before the budget battle begins anew.
Sen. Harkin: Fiscal ‘Slope’ Hiding ‘Retirement Deficit’ Crisis
Sen. Tom Harkin, chairman of the Senate HELP Committee, said Thursday that he was confident lawmakers “would address it," and that Congress “may vote on a debt limit extension" on Thursday afternoon.
11 Key Congressional Committees for Advisors to Worry About
As the election approaches, not just the White House and Congress are in play, but also control of congressional committees important to advisors and others in the financial services sector.
Law Associations, Industry Groups Support Older Americans Act of 2011
The National Academy of Elder Law Attorneys, a professional association of attorneys dedicated to improving the quality of legal services provided to the elderly and people with special needs, announced on Monday their support for Sen. Bernie Sanders’, I-Vt., bill to reauthorize the Older Americans Act.
Fiduciary Rule Proposal Prompts Senator to Call Meeting With DOL
A day after lawmakers told the EBSA to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA), Sen. Kay Hagan, D-N.C., said Wednesday that her office plans to meet with both Borzi and Secretary of Labor Hilda Solis to discuss the fiduciary...