Experts point to well-publicized turmoil at the government agency last year as a potential spark.
Category: Pensions and Retirement Plans
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U.S. Pensions Are Riding the A.I. Wave. For Better or Worse.
The New York Times – Business:As exuberance around the technology stokes fears of a bubble, the nation’s public pensions are starting to grapple with their role — and their risks.
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Florida Files Lawsuit Against The New York Times
The New York Times – Business:The state’s attorney general demanded access to company records to examine how the newspaper’s board oversees editorial standards amid claims of anti-Israel bias.
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For Many Pro Athletes, Post-Career Financial Worries Loom Large
The New York Times – Business:The tennis player Mackenzie McDonald has earned well up to this point, but high expenses and a short career timeline have prompted him, and others, to search for a backup plan.
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Ignoring the War Has Been Working for Long-Term Investors
The New York Times – Business:The U.S. stock market’s quick rebound this month may be fragile, but riding out the market’s disconcerting waves has been a sound strategy.
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More Americans Taking 401(k) Hardship Withdrawals
The New York Times – Business:More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
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Why Employers May Be Wary of Adding Crypto or Private Equity to 401(k)s
The New York Times – Business:A proposed federal rule aims to clear the way for retirement savings plans to include alternative assets. But it may not be enough to protect employers from lawsuits.
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Check Your Target-Date Fund, Especially if You Plan to Retire Soon
The New York Times – Business:Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.
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New Limits on Investors and a Debt Downgrade Add to Private Credit Woes
The New York Times – Business:Investors are concerned about the health of the industry, which ballooned over the past decade.
