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Businesses Will Be Impacted By Trumpcare
Sunday, March 19, 2017 - 1:21pm | 534Republicans have proposed to repeal the Affordable Care Act, colloquially known as "Obamacare," and are seeking approval for the new GOP healthcare bill dubbed Trumpcare. President Donald Trump has proposed significant tax cuts to reduce healthcare expense, with Medicaid expected to bear most of...
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55- To 64-Year-Old Workers Caught In An Ageist Conundrum
Thursday, June 30, 2016 - 9:13am | 244With life expectancy rising and the age of retirement continuing to increase, many workers are finding themselves in a "Catch-22" conundrum: They are "too young to retire and too old to rehire," summarized CNBC's Sarah Nason. Over the past five years, the Retirement...
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McDonald's 401(k) Plan Is Supersized Compared To Many
Monday, March 10, 2014 - 2:59pm | 522Despite criticism for the low wages it pays its workers, McDonald’s (NYSE: MCD) offers generous retirement options in the form of the company’s 401(k) plan. Workers who set aside one percent of their wages receive a 300 percent match from McDonald’s. The next four percent is matched 100 percent...
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Boomers Are Cashing in Their IRAs Early According to Report
Friday, May 17, 2013 - 8:28am | 591Most people know they can withdraw funds from their IRA, penalty free, after the age of 59 ½ (earlier for certain exceptions). And, most people have no plans to do so. After all, the money you put into an IRA is for “retirement,” after the age of 65. According to BloombergBusinessweek, however...