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The article reports on the efforts by the U.S. Labor Department to protect investors by creating a rule aimed at fixing the flaws of the existing regulatory framework. Under the proposed final rule, more financial professionals are required to act as fiduciaries and put the investors' interest first. The rule will cover retirement plans, annuities, and related investment vehicles.

Bradley Bergeron's first professional job out of college was selling retirement savings investments to public schoolteachers in Connecticut. The applications he carried in his black leather briefcase, however, were for [...]

CORRECTION APPENDED WOULD you be willing to place a bet that you'll live past the age of 80? What about 85? A relatively new product, known as longevity insurance, allows [...]

The article discusses the 403(b) retirement savings plans for teachers in the U.S. Topics covered include the efforts of Connecticut state representative Matthew Lesser in passing the bill relating to the teachers' retirement plans, the need to ask more questions about the 403(b) retirement plans according to teachers' union leader Carol Sutton, and mutual funds being offered in relation to the 403(b) retirement plans.

The article explains recommended approaches for workers at U.S. schools and nonprofit groups in starting 403(b) retirement plans. Topics discussed include recommended websites for learning about 403(b) plans: 403bwise.com and Bogleheads forums, financial advice payments for 403(b) plans, and tips for managing 403(b) plans offered by an insurance company.

The article presents questions and answers regarding changes and impact of the new rule introduced by the U.S. Department of Labor that will help protect Americans saving for retirement, including investment options, differences of brokers and financial advisers, and who must adhere to the rules.

The article discusses a lawsuit being filed against New York University at the Federal District Court accusing it of failing to fulfill its obligation towards the employee retirement plan but with a lack of evidence by the plaintiffs.

The article discusses research conducted in 2013 by U.S. financial firm Fidelity regarding bank customers who frequently borrow from their own 401(k) retirement savings accounts. Loan interest rates, credit card debt, and consumer behavior are discussed, as well as investment earnings, financial planning, and personal loan defaults.

The article reports on the approval of New Jersey's the Secure Choice Savings Program, low-cost retirement savings plan for the employees of private businesses in New Jersey which would be run by the state but offered through employers which is supported by Republicans in both houses of Legislature.

The article discusses a 401(k) retirement plan being offered by United Technologies Corp. (UTC) in Hartford, Connecticut. It states that UTC has stopped its usual pension to a retirement plan, which is aimed at solving retirees' shortcomings and problems related to the protection of their money from changing stock market. Employee Benefit Retirement Institute president Dallas Salisbury offers his comment.

Some big retirement plans offer investors the chance to hire an independent adviser that can help them choose their investments. But your plan provider will soon be able to offer the advice itself, as long as it meets rules issued recently by the Department of Labor. Before the new regulations, which are effective Dec. 27, 401(k), individual retirement plan providers were required to hire an independent adviser to provide advice. That's because the Employee Retirement Income Security Act, the law known as Erisa that governs retirement plans, prohibited advisers from recommending investments if they were paid for other services like administering the plans in the first place. This was to avoid conflicts of interest where the administrator would put its own mutual funds on the menu and push them on participants. [ABSTRACT FROM AUTHOR]

TAMPA, Fla. FRANCES AND JIM LANGERFELD know exactly how much they spent as newlyweds in August 1968. Rent for their house: $115. Groceries at Publix: $12.26. A suit for Mr. Langerfeld: $62.68. It is all meticulously detailed in an orange budgeting book that Mrs. Langerfeld pulled from her garage one recent evening. She kept several others, which offer a window into their family's financial life. [ABSTRACT FROM PUBLISHER]

Even the most disciplined savers are heavily relying on the stock market to reach their retirement goals. But that often amounts to a giant gamble, which is the thrust of the thinking behind a new retirement planning program that treats investing in stocks like a trip to the casino. In this program, however, you lose every single bet you make. In other words, if you invest 60 percent of your contributions to retirement savings in stocks each year, that money is treated as if it were lost on the craps tables. But the program also shows the chances that all will not be lost. [ABSTRACT FROM PUBLISHER]

Don't be surprised if your broker calls in the next few months and asks if you have thought about converting your traditional individual retirement account to a Roth I.R.A. That's because as of Jan. 1, anyone can convert their regular I.R.A. into a Roth regardless of income. Before the rules changed, only people with modified adjusted gross incomes of $100,000 or less could convert their accounts. [ABSTRACT FROM PUBLISHER]

If you have just retired or are about to retire, your timing could not be worse. Leaving the work force just as markets stumble can do real damage to retirement savings. Your nest egg has shrunk just as you need to start withdrawing money from it; you are essentially locking in your losses. (And at the moment, sinking home values make matters even worse.) [ABSTRACT FROM PUBLISHER]

Reports on the eligibility of investors in the U.S. who own an employer's stock inside a qualified retirement plan for tax break.

Presents options on the conversion of individual retirement accounts (IRA) of investors which were funded with pretax dollars into Roth IRA in the U.S.

Reports on the proliferation of financial institutions in the U.S. offering retirement plans to small businesses, as of July 2004.

Focuses on the growth in the number of employers offering retirement plans in the U.S. as of May 4, 2004.