Retirement

The state attorney general and AARP have joined in on the lawsuits to attempt to recover pension funds for the 1,100 workers who saw their retirement plans wiped out.

While the official IRS announcement will come later this year, the contribution limit for retirement accounts will likely increase from $23,500 to $24,500 in 2026, according to a new Milliman report.

The index was designed to spark a national conversation, shine a light on the areas where Americans are falling short, and provide a roadmap for workers and employers to take action, according to IRALOGIX.

In a unanimous decision, the justices take a worker-friendly approach on behalf of 28,000 employees who accused the university of paying excessive 403(b) plan recordkeeping fees, giving them another chance to challenge their employer.

The Protecting Employees and Retirees in Business Bankruptcies Act “would ensure that all employees, not just C-suite executives, receive the benefits they were promised,” said Senator Dick Durbin.

In his first speech since leaving the presidency, Joe Biden spoke last night of Trump’s “damage and destruction” to the Social Security Administration, while the White House announced yesterday that Trump will always protect Social Security benefits.