Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
Diageo Sends Whiskey to the (Pension) Rescue
By John SullivanIs there nothing the carmel color liquid can't do? Diageo, the maker of Johnnie Walker whiskey, found an innovative way to plug a gaping deficit in its pension plan: put aside 2 million barrels of maturing whiskey from its distilleries in Scotland.
June 11, 2010
Weekend Interview: Former Treasury Secretary Paul O'NeillO'Neill's view on Greece, U.S. spending and how we could find $1 trillion to fund health care.
June 07, 2010
Ameriprise Awards GrantsAmeriprise Financial Inc. (NYSE:AMP) has given about $1.1 million to nonprofit groups.
May 19, 2010
H.R. 4123: House Loopholes Bill Includes Pension Funding ChangesThe new version of H.R. 4123, the American Jobs and Closing Tax Loopholes Act bill, includes provisions that would change defined benefit pension plan funding rules.
April 19, 2010
EBSA Official: We Can Bend On Pension FundingThe Obama administration can support the idea of giving defined benefit pension plan sponsors a little more time to meet plan funding obligations.
April 16, 2010
Leveling The Playing Field With Turn-key Deferred Comp SolutionsIn the past, when small to mid-sized companies tried to effectively compete with larger businesses for top talent, nonqualified deferred compensation plans (NQDC) were off the table or very expensive to implement and informally fund.
April 15, 2010
Leveling The Playing Field With Turn-key Deferred Comp SolutionsIn the past, when small to mid-sized companies tried to effectively compete with larger businesses for top talent, nonqualified deferred compensation plans (NQDC) were off the table or very expensive to implement and informally fund.
March 24, 2010
Employers Push For Looser Pension Funding RulesIf Congress keeps the current laws in place, many employers that sponsor defined benefit pension plans will have to make big contributions to the plans April 1.