Home >> Tag Archives: Pensions

Tag Archives: Pensions

Californians YES elections have consequences!

Californians! are you insane? Einstein is credited with saying, “insanity is doing the same thing over and over again and expecting different results.” He must have been thinking about California! Many Californians are pretty proud of themselves for not following the rest of the country with election results. California stayed solid Democrat, even getting a more solid hold of the ...

Read More »

Gov. Scott Walker Will Survive

On June 5th, the battle will be over.  Will citizens of the Badger State vote to keep their ongoing prosperity or revert back to the old policies that drained the state of economic vigor?  Currently, the massive multi-billion dollar budget deficit has been balanced, unemployment is down, and property taxes have decreased for the first time in over ten years. ...

Read More »

Funded Status of U.S. Pensions Falls to 78.0 Percent in August

BOSTON, Sept. 7, 2011 /PRNewswire/ — The funded status of the typical U.S. corporate pension plan in August fell 5.6 percentage points to 78.0 percent as pension plans were affected by both falling assets and increasing liabilities for the second month in a row, according to monthly statistics published by BNY Mellon Asset Management. The typical plan is now at its lowest ...

Read More »

Funded Status of U.S. Pensions Falls to 83.6 Percent in June

BOSTON, Aug. 3, 2011 /PRNewswire/ — The funded status of the typical U.S. corporate pension plan in July fell 4.9 percentage points to 83.6 percent, the worst level since the beginning of the year and the lowest funded status since November 2010, according to monthly statistics published by BNY Mellon Asset Management. Pension plans were hit by both increasing liabilities and falling assets, ...

Read More »

Tax Expert’s Advice: Don’t Count on Social Security

BRENTWOOD, Tenn., July 1, 2011 — According to a poll taken earlier this year, 77 percent of voters think Social Security is in danger. Fewer Americans, however, approve of increasing the retirement age. Voters were split on permitting people to invest their Social Security taxes into personal retirement accounts. Tax expert Dr. Friday, aka “The Tax Doctor,” falls into the ...

Read More »