Tag: pensions

Iowa Leads 10-State Coalition Defending State Regulation of Pension Transfers

Iowa leads a coalition of ten states defending state regulatory authority over employee pension transfers, emphasizing decades of effective pension protection under state insurance oversight.

Generation X Faces Accelerated Retirement Financial Challenges Beyond Baby Boomers

Generation X is approaching retirement with lower financial preparedness compared to Baby Boomers, facing challenges including reduced pensions, rising healthcare costs, and reliance on Social Security amid policy shifts like SECURE 2.0.

New Retirement Realities: Evolving Models & Strategies Amid Longer Lifespans

Explore how longer lifespans and pension decline reshape retirement planning with new saving and withdrawal strategies, portfolio adjustments, and income solutions like QLACs.

Army Veteran Raises $1.7 Million After GM Pension Loss Impacts Retirement

After losing his GM pension and healthcare coverage following the 2012 bankruptcy, Army veteran Edmund Bambas raised over $1.7 million through a viral fundraiser to support his retirement.

Michigan Grocery Worker Receives $1.77 Million in Social Media Fundraiser

An 88-year-old Michigan grocery store worker receives $1.77 million from a social media fundraiser after losing his GM pension. Highlights challenges in pension and retirement security.