Articles
Kodak to Pay Retired Workers in Film (And Other Adventures in Creative Pension Funding)
Kodak becomes the latest company to make a non-cash pension contribution. Can hard assets like cheese, whisky and beer really secure our retirement benefits?
Are We Lying to Ourselves About Our Pension Problems?
The news just keeps getting worse as it relates to retirement security. Private pensions are underfunded and fading away, and the agency that insures them is...
What Will Replace the 401(k)?
We’ve come full circle on retirement saving. Just 15 years ago 401(k) plans were widely embraced. Workers enjoyed managing their own money, believing that 10%...
With a Pension Shortfall, Companies Want to Kick in Even Less
Not so long ago corporate pension plans were flush. Today, they are massively underfunded. And now, despite rising profits and soaring cash stockpiles,...
How 401(k)s Make Many Americans Poorer
One of the most widely dispensed, and universally accepted, pieces of financial advice is that you should contribute at least enough to your 401(k) to get the...
How to Fix Your 401(k) Plan
As the traditional pension disappears, the 401(k) plan is evolving into something that one day might actually be just as good. That’s saying a lot. The certainty...
Pension Backstop Posts Record Shortfall. Is a Bailout Next?
Put another nail in the coffin of private pensions. The Pension Benefit Guaranty Corp., a government agency that insures corporate defined-benefit plans, has...
News Flash: Longer Lives Require More Retirement Savings
To a large degree, the retirement security issues we face both as a nation and as individuals can be laid at the feet of medical science. Our longer lives, a...
The Other Financial Crisis
In New Jersey, Taxes are high, the budget's a mess, government is inefficiently organized, and the public pension fund is blown to kingdom come. Which makes New...
GM's Pension: A Ticking Time Bomb for Taxpayers?
General Motors Corp. may no longer be the world's biggest automaker, but it still operates the country's largest pension fund. The threat to its pension plans...
