Retirement Trends

Stanford University is offering potential retirees the chance to put off retirement and instead try a second career or embark on a new project.

Financial literacy has become a priority for corporations, multiemployer trust funds and public-sector employers in both the U.S. and Canada, according to a survey by the International Foundation of Employee Benefit Plans.

Nearly three-quarters, 74 percent, of employers who offer a defined contribution plan believe their employees' retirement readiness is a critical measure of whether their current retirement benefits program is a success, according to the LIMRA Secure Retirement Institute.

A brief reviewed four household surveys and found that at any given point, only about half of private sector wage and salary workers age 25-64 participate in a plan.

House Budget Committee Chairman Paul Ryan released a budget plan Tuesday that would again increase retirement contributions by federal workers and reduce…

Lu replaces deputy secretary Seth Harris, who held the position since 2009.