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Older Workers Losing Faith in 401(k)s
Tweet Share on Facebook November 5, 2010 Comment (1)Current workers over age 50 no longer think their 401(k) will propel them to a secure retirement. Most older employees expect Social Security to provide over a third (35 percent) of their retirement income. They are counting on their 401(k) to supply only a quarter (26 percent) of their retirement funding, according to a recent Mercer survey.
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Thousands Claim Retiree Health Care Subsidy
Tweet Share on Facebook November 2, 2010 Comment (1)Nearly 3,600 employers have claimed a share of the $5 billion the federal government is giving to employers and unions who maintain health care coverage for early retirees. The Early Retiree Reinsurance Program, created by the health reform bill, subsidizes employers that provide health insurance to retirees age 55 and older who are not yet eligible for Medicare. The program will continue until health insurance exchanges become operational in 2014 or until the $5 billion is exhausted, whichever happens first.
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7 Ways to Meet Someone New in Retirement
Tweet Share on Facebook November 1, 2010 Comment (4)During our adult lives we meet many of our friends and acquaintances though our jobs. But after retirement, it takes a little more effort to meet new people. Here are seven places to make new friends or even find a date in retirement.
