US pension insurer ran record $62B deficit in 2014

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The federal agency that insures pensions for about 41 million Americans saw its deficit nearly double in the latest fiscal year…

Social Security benefits to go up by 1.7 percent


Millions of older Americans will get a 1.7 percent increase in their social security monthly payments next year.

Voya offers $500 for babies born on Oct 20, 2014

Voya Financial announced it is offering every baby born in the US on October 20, 2014 a $500 mutual fund investment…

Social Security resumes mailing benefit statements


The Social Security Administration has resumed mailing statements to workers letting them know the estimated benefits they will get…

Poll: Working later in life increases lifespan

The Associate Press-NORC center for Public Affair Research poll finds people are working longer, living healthier. Mr. Tam, an gentleman in his 90s, who still works every day in his store in SF Chinatown…

Microsoft says CEO Ballmer to retire in 12 months

Microsoft CEO Steve Ballmer, who succeeded founder Bill Gates as CEO, will retire within the next 12 months….

30-somethings most uneasy about retirement

Younger Americans in their 30s are now the group most likely to doubt they will be financially secure after retirement…