The stock market’s long-term path has been persistently upward, our columnist says, but there have been plenty of setbacks and it’s wise to prepare for more.
Category: Pensions and Retirement Plans
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In 2024, More Old 401(k) Accounts Could Be Forced Into Rollovers
In 2024, more low-balance, forgotten 401(k)s and similar retirement plans could be forced into rollover accounts, which don’t benefit their owners. Here’s what to know.
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Southwest Airlines Reaches Deal With Pilots Union
The new contract would provide raises and better benefits, following similar deals at other big airlines.
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Yellow Rejects a Bid to Restart Trucking Company
In a letter, Yellow’s management said an effort to buy the company and revive its operations by an executive from a different trucking firm was “not viable.”
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What to Know About Long-Term Care Insurance
Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know.
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What to Know about Long-Term Care Insurance
Deciding when, or whether, to buy long-term care insurance can be complex. Here’s what to know.
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G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
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Facing Financial Run as Costs Soar for Elder Care
The United States has no coherent system for providing long-term care, leading many who are aging to struggle to stay independent or to rely on a patchwork of solutions.
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Higher Contribution Limits Are Coming for 401(k) Retirement Plans
But, financial advisers note, most people cannot afford to set aside the maximum amount. “This is a system geared for high earners,” one expert said.