Many retirement plan record keepers have failed to capture their fair share of the IRA rollover marketand this oversight creates a massive opportunity for advisors, according to recent research from McKinsey & Co.

Mitt Romney out raised President Barack Obama in May, the first time the Republican presidential challenger has jumped ahead of Obama and his prodigious fundraising apparatus. The numbers illustrate how Romney and the Republican Party have jelled as a force after a protracted GOP primary.

Retired lawmakers would pay the same 20 percent of their health care premiums that other public retirees are being asked to pay under legislation passed by the Michigan House.

Scoffing at a White House veto threat, the House voted Thursday to repeal a tax on medical device makers that Republicans cast as a job-killing levy that would stifle an innovative industry.