Retirement Trends

Connecticut is one step closer to passing its Retirement for All CT bill or Senate Bill 249, which would create a public retirement option that would provide employers and workers with a low-risk alternative to plans offered by the insurance industry.

The Federal Reserve's promise that it will keep key policy rates low for a substantial period of time is likely to convince investors this year, but that may change next year, said Pimco founder, managing director and CIO.

Will small and mid-sized businesses with limited internal resources find the prospect of compliance so onerous that they stray from plan sponsorship?

Connecticut leads the pack with the highest concentration of strong plans, according to Judy Diamond Associates.

The Internal Revenue Service says it has already issued more than 40 million refunds this year, with an average refund of $3,116.

Atlanta Fed President Dennis Lockhart said at a conference on the outlook for banking late last week that he expects the U.S central bank to begin raising rates in mid-2015 but to do so slowly.