Retirement

According to a report released Tuesday by Bank of America Merrill Lynch, employers are changing the design of their benefit plans to accommodate the needs of not just older workers, but multiple generations.

Nearly 10 percent of Virginia households have used short-term, high-interest payday, pawnshop and auto-title loans to make ends meet.

Aetna Inc. said Monday it will buy the Medicare supplement business of Genworth Financial Inc. for about $290 million, as it becomes the latest health insurer to announce a plan that capitalizes on the aging baby boomer population.

New research from the EBRI finds that the common strategy of delaying retirement past 65 may not be the best solution after all.

New York Gov. Andrew Cuomo's proposal to establish a new, less generous pension system for future state, local and school employees is expected to face resistance in the waning days of the current legislative session.

Public employees will pay more toward their pensions and some will work longer before retiring to spare New Hampshire taxpayers under legislation headed to Gov. John Lynch for signature.