Retirement

One of the worlds largest pension funds is divesting from Wal-Mart Stores Inc. Algemeen Burgerlijk Pensioenfonds, a Dutch pension fund, said it will no longer invest in the retail giant because of its repeated violation of international labor standards.

MassMutuals Retirement Services Division has developed a comprehensive education-based fee disclosure training plan to get ahead of the curve when pricing transparency rules go into effect later this year.

The funded status of pension plans has been on a wild ride since 2008, experiencing major declines in 2008, 2010 and 2011. The drops were due to the double whammy of declining equity markets and lower interest rates, said Jonathan Barry, Mercers U.S. Retirement Risk & Finance DB Risk Leader,...

A payroll tax cut that has been in effect since 2011 will extend through the end of February. The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, reducing their Social Security tax withholding rate from 6.2 percent to 4.2...

Baby boomers take note: Medicare as your parents have known it is headed for big changes no matter who wins the White House in 2012. You may not like it, but you might have to accept it.

Many states that posted big population gains in the 2010 census are now seeing their decade-long growth fizzle, hurt by a prolonged economic slump that is stretching into larger portions of the South and West.