Retirement

An economic advisor to former President George W. Bush unveiled a proposal on Friday to reform the current retirement savings system by replacing the current deduction for contributions to retirement savings accounts with a flat-rate refundable credit that would be deposited directly into a savers account.

When pension funds were first started in Germany in the mid-19th century, this retirement option made sense, says Amit Mohindra, director of research at the Institute for Corporate Productivity. At the time, employees would typically stay with one employer for their entire careers.

Four out of five Americans are still not adequately prepared to meet their needs in retirement, according to new analysis from HR consulting firm Aon Hewitt.

If you participate in health savings accounts, then you likely think more about retirement.

An Iowa girl who was born two years after her father died is not eligible to receive his Social Security Benefits, a federal appeals court has ruled.

Twenty-five of the 100 largest U.S. corporations paid their chief executives more than they paid the government in federal income taxes last year, according to a report released Wednesday.