Attracted by promises of high returns, many public pension funds have been loading up on private equity but may not fully appreciate the dangers, our columnist says.
Category: Pensions and Retirement Plans
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401(k) Hardship Withdrawals Tick Up as Inflation Stays High
Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.
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Saving for a Down Payment and Retirement: What to Know
With mortgage rates and prices high, first-time home buyers find these competing goals aren’t always doable, at least at the same time. Here are points to consider.
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How the S&P 500 is Dominated By Apple and Microsoft
The New York Times – Business:Investors in the S&P 500 are highly dependent on the fate of Microsoft, Apple and other big technology stocks. A rally in March showed how this can mask turmoil in the rest of the market.
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Set It and Actually Forget It
The New York Times – Business:Millions of workers open retirement accounts, then ignore or forget about them, leaving thousands of dollars unattended. Are you one of them?
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French Protesters Rally in Last Angry Push Before Pension Bill Vote
The New York Times – Business:Many believe the legislation to raise the retirement age to 64 from 62 will pass Parliament, and they are looking beyond the vote to fight on.
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Britain Wants Its Early Retirees Back, but Their Days Are ‘Never Boring’
The New York Times – Business:The country’s work force is smaller than it was before the pandemic, sapping economic potential. The government is going to try luring more people off the sidelines.
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More Retiree Health Plans Move Away From Traditional Medicare
The New York Times – Business:Retirees whose former employers offer health coverage are being shifted to privately run Medicare Advantage, often against their wishes. The change saves millions for employers.
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Unions Vow to Bring France to a ‘Standstill’ Over Macron’s Pension Plan
The New York Times – Business:Travel, schools and services were disrupted by nationwide strikes and protests for a sixth time as the battle over the retirement age intensified.