Retirement

"A government shutdown disrupts $14.5 billion per week in federal contracts, including $3.6 billion for small businesses," Sen. Catherine Cortez Masto, D-Nev., said in introducing the legislation Oct. 1.

More than half of retirees say they are in good financial health, providing them with the financial freedom to pursue passions, travel to dream destinations or spend quality time with family.

Following a successful pilot program, New York employers with 10 or more employees that do not already offer a qualified retirement plan will now be able to provide their employees the opportunity to save for retirement at work.

Too many people are walking away from benefits they are entitled to simply because they do not understand the complexities of this system. ERISA was designed to give workers a fair shot.

More than three-quarters of employed Americans plan to spend more time reviewing their elections during annual enrollment this year to maximize their benefit dollars.

The move is "unprecedented — and unwise," says one Social Security advocate.