As we start off 2025 with the goal of achieving better retirement outcomes, some of us are willing to make sacrifices to achieve our retirement goals while others are looking for a magic formula or ...

For those who have an employer pension, the decision on how to take income at retirement is important. Pensions usually offer a single-life, joint-life or a lump-sum payout. The decision is often ...

If you're picturing a stress-free retirement where you live off investment interest, use this easy formula to calculate how much of a principal you'll need.

Employers may provide retirement plans that pay retirees a specified amount, based on the individual's salary and on the number of years of employment. Called defined benefit plans, these pensions may ...

The U.S. tax code offers very nice incentives for a sole proprietor who wants to set aside a large portion of earnings each year in a tax-advantaged retirement account. The money set aside in your ...

(Bloomberg) -- Senators in Argentina approved a bill Thursday that defies President Javier Milei’s bid to balance the government’s books by reworking how pension payments are calculated. In a 61 to 8 ...

With dozens of local elections on the ballot this year in Brevard County, there are some races where more may be at stake than just the opportunity to serve constituents. For those candidates, ...

CHICAGO (WBBM) - Mayor Daley is expressing alarm at Illinois House approved legislation officials say would mean a crippling property tax hike for city residents. The measure advancing in Springfield ...

Illinois’ pension hole deepened last year, hitting a new peak that topped $300 billion, based on the formula Moody’s Investors Service applies. The aggregate adjusted net pension liability grew 19% to ...

In his 2022-23 state budget, Gov. Gavin Newsom proposes increasing the Local Control Funding Formula, the source of about 80% of school districts’ general funding, by $3.3 billion. While a healthy ...