Chances are at some point during the year you or a family member will have out-of-pocket health care costs and the chances are those costs will be modest. Nevertheless, it’s good to […]
The US Postal Service retiree benefit promises and reprehensible politics. Massive liabilities will cost you eventually.
The following appears on Facebook and elsewhere and is readily passed around and accepted as fact. It’s pure bunk. The law required the funding of the massive liabilities for retiree health benefits, […]
The attacks on corporate America and its earnings by some politicians is dangerously misguided. When you mention this, left leaning supporters often note that most Americans don’t own stock. That’s somewhat true. […]
The first pension plan was established in 1875 by the American Express Company. Pensions paid to workers were at the discretion of management. Imagine that in 2019? By 1950 about 25% of […]
Imagine a few thousand or even few hundred dollars in retirement money lost. Apparently that’s not so uncommon. With auto enrollment in many 401k plans some workers don’t even realize they have […]