Retirement

American Airlines plans to ask a federal bankruptcy judge next week to throw out its union contracts, if it can't reach cost-cutting deals with labor unions, according to a person familiar with the situation.

You've Earned a Say is about making sure that all Americans have a voice in the discussion about their future.

A Dutch pension fund says it will pursue a claim for damages from the Netherlands' Central Bank after a court ruled the authority wrongly ordered the fund to sell most of its gold holdings in 2010.

The most effective and immediate way to get 401(k) plan participants to improve their deferral rates is to re-enroll them into the plan, according to a report by Fred Reish of Drinker Biddle & Reath.

The nation's largest public pension fund voted Wednesday to lower its estimate for annual investment returns, meaning it will need more money from the state, school districts and local governments to maintain its ability to fund promised retirement benefits.

Shares of MetLife Inc. tumbled Wednesday after it was named as one of the four banks to fail Federal Reserve stress tests designed to determine whether banks are strong enough to survive a severe economic downturn.