Dozens of residents and organizations turned up at a Connecticut Senate committee hearing today to voice their support for a proposal that would set up a state-run retirement plan open to all Connecticut residents and businesses.
The summary states that the initiative eliminates constitutional protections for vested pension and retiree health care benefits for current public employees, including teachers, nurses, and peace officers, for future work performed.
The three finalists are Alliance Benefit Group Financial Services, Corp. represented by Bradley Arends; Compass Financial Partners, represented by Kathleen Kelly; and Maresh Yoshida 401(k) Group, represented by T. Henry Yoshida.
With interest rates at their lowest point in years and the volatility in the stock market, it has become nearly impossible to predict whether most retirement accounts will earn enough to fund a 4 percent withdrawal rate.
The Council is worried that the Medicare Qualified Individual Program will expire on March 31 unless Congress acts. QI pays Medicare Part B premiums for beneficiaries with incomes of $13,700-$15,500 per year.
DebugScreen: mobile
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"articles": [
{
"uri": "/2014/03/12/retired-investor-optimism-climbs/",
"title": "Retired investor optimism climbs",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 12, 2014",
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"authors": [
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"summary": "Retirees say they are more upbeat about their ability to maintain or increase their current income level over the next year.",
"body": null
},
{
"uri": "/2014/03/12/ebsa-seeking-comments-on-fee-disclosure-clarity/",
"title": "EBSA seeking comments on fee disclosure clarity",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 12, 2014",
"timeToRead": "2 minute",
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"authors": [
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],
"kickerNode": [],
"summary": "Many times the fee disclosures come in the form of lengthy documents or the information is spread out over multiple documents.",
"body": null
},
{
"uri": "/2014/03/11/connecticut-pols-get-behind-state-retirement-propo/",
"title": "Connecticut pols get behind state retirement proposal",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 11, 2014",
"timeToRead": "4 minute",
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"authors": [
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"summary": "Dozens of residents and organizations turned up at a Connecticut Senate committee hearing today to voice their support for a proposal that would set up a state-run retirement plan open to all Connecticut residents and businesses.",
"body": null
},
{
"uri": "/2014/03/11/ncpers-supports-summary-of-california-retirement-i/",
"title": "NCPERS supports summary of California retirement initiative",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 11, 2014",
"timeToRead": "3 minute",
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"authors": [
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"summary": "The summary states that the initiative eliminates constitutional protections for vested pension and retiree health care benefits for current public employees, including teachers, nurses, and peace officers, for future work performed.",
"body": null
},
{
"uri": "/2014/03/10/advisor-rfps-gaining-popularity/",
"title": "Advisor RFPs gaining popularity",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 10, 2014",
"timeToRead": "2 minute",
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"authors": [
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],
"kickerNode": [],
"summary": "Plan sponsors are turning to the RFP process when hiring retirement plan advisors or benchmarking an existing advisors services and fees.",
"body": null
},
{
"uri": "/2014/03/10/napa-names-401k-advisor-finalists/",
"title": "NAPA names 401(k) advisor finalists",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 10, 2014",
"timeToRead": "2 minute",
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"authors": [
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"summary": "The three finalists are Alliance Benefit Group Financial Services, Corp. represented by Bradley Arends; Compass Financial Partners, represented by Kathleen Kelly; and Maresh Yoshida 401(k) Group, represented by T. Henry Yoshida.",
"body": null
},
{
"uri": "/2014/03/10/is-the-4-percent-rule-dead/",
"title": "Is the 4 percent rule dead?",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 10, 2014",
"timeToRead": "7 minute",
"image": {
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"authors": [
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],
"kickerNode": [],
"summary": "With interest rates at their lowest point in years and the volatility in the stock market, it has become nearly impossible to predict whether most retirement accounts will earn enough to fund a 4 percent withdrawal rate.",
"body": null
},
{
"uri": "/2014/03/07/banks-counting-on-wealth-managers-to-build-new-rev/",
"title": "Banks counting on wealth managers to build new revenue",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 07, 2014",
"timeToRead": "2 minute",
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"summary": "Many banks are looking to fee-based businesses like wealth management to help them develop new revenue streams.",
"body": null
},
{
"uri": "/2014/03/07/shift-from-db-to-dc-plans-has-hurt-single-women-mo/",
"title": "Shift from DB to DC plans has hurt single women most",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 07, 2014",
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"summary": "The shift from DB to DC also has increased financial vulnerabilities for some of these same groups because DC plans offer fewer spousal protections.",
"body": null
},
{
"uri": "/2014/03/06/aging-council-voices-concern-about-medicare-qi-exp/",
"title": "Aging council voices concern about Medicare QI expiration date",
"byline": "Paula Aven Gladych",
"kicker": "",
"prettyDate": "March 06, 2014",
"timeToRead": "3 minute",
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"authors": [
{
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],
"kickerNode": [],
"summary": "The Council is worried that the Medicare Qualified Individual Program will expire on March 31 unless Congress acts. QI pays Medicare Part B premiums for beneficiaries with incomes of $13,700-$15,500 per year.",
"body": null
}
]
}
}
