Chicago residents and businesses were slapped with a new tax on their water and sewage usage to help close the municipal employees' pension fund shortfall.
If you want a reasonable shot at seeing your money grow over the long-term, you've got to come up with a strategy that can thrive in a variety of market conditions.
Morgan Stanley was hit with a class action lawsuit Friday, filed on behalf of 60,000 workers claiming the company mismanaged their retirement plans by offering poorly performing funds and charging excessive fees.
Many Democrats have been calling for an expansion of Social Security benefits. Hillary Clinton has specifically backed expanding benefits for surviving spouses and unpaid caregivers.
A Social Security rule is changing and it could put a wrench in your retirement plan. This is your last chance to 'file and suspend' as a way to boost your benefits.
In a win for Chicago city workers and retirees, the Illinois Supreme Court ruled Thursday that their pensions can't be cut by a law pushed through by Mayor Rahm Emanuel.