Retirement

Congressional Republicans are demanding that the Obama administration clarify what it is doing about implementation or non-implementation of the Community Living Assistance Services and Supports (CLASS) Act long term care (LTC) insurance program.

The Obama administration has shelved a financially troubled long-term care insurance plan. Officials said Thursday the staff has been cut and it's an "open question" if the program will be implemented.

Stephen Moses, a man who has spent years fighting the rules that let relatively affluent people qualify for Medicaid nursing home benefits, got a chance today to explain his position to members of Congress.

A new study delivered to lawmakers on the congressional debt panel says the government could save more than $125 billion on medical care for the most frail Medicare and Medicaid patients.

Some Rhode Island lawmakers predicted Wednesday that plans to overhaul the public retirement system will set off long, expensive legal battles with public worker unions.

The National Association of Insurance Commissioners is about to mount a fierce battle to defend the Medicare supplement insurance program against any efforts to cut coverage or revamp plan design.

In reaction to the U.S. Senate Committee on Finances tax reform hearing concerning retirement security, the American Benefits Council and the American Council of Life Insurers say employer-sponsored defined contribution and defined benefit retirement plans are essential elements to the U.S.s retirement system.

Despite earlier findings that employees were renewing their focus on long-term planning issues like retirement, new research from Financial Finesse found that its not enough.