Retirement Trends

LIMRA says that sales of fixed-rate deferred annuity sales climbed in the third quarter this year.

A climbing stock market and increasing interest rates have boosted corporate pension plans' funded status.

The PBGC is taking over pension payouts to more than 19,000 who worked and still work at was once one of this country's most famous furniture companies, the now-bankrupt Furniture Brands International.

Given the huge sums involved, it's no surprise there's plenty of controversy around pension plan derisking.

The biggest drop among employees decreasing their annual contributions to their 401(k) accounts as among those 50 and older.

Fewer jobs, risky financial deals and declining revenues are true causes of the Motor City's fiscal woes, the report says.