The potential for Social Security to be bankrupt by 2037 has the president of Prudential Retirement warning Americans to plan for more than that income stream for their retirement.

Christine …  Read →

Wells Fargo & Co. said its subsidiary, Wachovia Bank, has agreed to acquire the proprietary defined contribution plan recordkeeping business of Texas-based Comerica Bank, a subsidiary of Comerica Inc. The …  Read →

CIGNA Corp. plans to freeze its pension plan, effective July 1, while boosting its 401(k) plan benefits for all of its employees.

The Philadelphia-based insurer’s pension plan freeze should save about …  Read →

Two congressmen want changes to the nation’s 401(k) plans, including greater disclosure of fees and better access to information about plans for participants.

Robert Andrews

Rep. Robert Andrews (D-N.J.), chairman of …  Read →

President Bush gave seniors a bit of a break by signing a law that states they do not have to make withdrawals from their retirement accounts in 2009, based on the fact …  Read →

If there is one thing scarier than the recent economic meltdown, it is a Congress and White House controlled by one party, with veto-proof power to enact laws that can …  Read →