Retirement

The amount an employee contributes to a SIMPLE IRA cannot exceed what amount for 2012?

While many state-run pension plans are running huge deficits, and many states are calling for a switch from defined benefit plans to defined contribution plans, a handful of pensions have managed to weather the market volatility since 2008, including New Yorks.

The U.S. Department of Labor has recovered nearly $8 million in back wages, fringe benefits and 401(k) plan assets for more than 2,000 security guards formerly employed by USProtect Corp., a defunct company that provided security services for federal buildings across the country.

ADP has launched a new 401(k) administration tool to give plan sponsors more flexibility in paying their plan fees and expenses.

TD Ameritrade Holding Corp. and TD Ameritrade Inc.s affiliated investment advisor have launched a new product to help consumers generate supplemental income after they retire.

Asset-based long-term care products have taken on heightened importance in light of the potential appeal of a federal law designed to provide long-term care coverage, according to a Midwestern-based insurer.