Retirement

Retirement confidence among American workers has reached a four-year low, according to the Unretirement Index, a poll of nearly 1,500 working Americans by Sun Life Financial Inc.

Half of millennials do not believe Social Security will still exist when they are ready to retire.

Younger Americans are more interested in having a guaranteed retirement income feature in their retirement savings plans than those 45 years of age or older, according to a LinkedIn poll conducted by Prudential Retirement.

New York Citys defined benefit pension plans deliver the same retirement income as defined contribution 401(k)-type individual accounts,but for 40 percent less cost, according to a report by the National Institute on Retirement Security and Pension Trustee Advisors on behalf of the Office of New York City Comptroller John C....

A new contract between Ford Motor Co. and the United Auto Workers union will raise the automaker's labor costs by less than 1 percent a year, reaching a company goal of holding the costs steady, executives said Thursday.

Social Security announced on Wednesday a 3.6 percent increase in benefits for next year, the first raise since 2009