Posts Tagged ‘Retirement’

My Employer Filed Bankruptcy, What Will Happen To My Retirement Savings?

If your employer files for bankruptcy your retirement plan could be at risk.  Here’s what you need to know:

If your employer files Chapter 7 bankruptcy, which is a total liquidation, your pension plan will be automatically terminated.
Pension plans which are terminated in Chapter 7 [...]

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Save Now for Retirement Medical Expenses

Costs of out-of-pocket health care projected to increase.
As if the current crisis of rising healthcare costs weren’t enough to stress most of us, the Employee Benefits Research Institute announced the results of a study regarding the savings that a person will need upon retirement to pay for expenses not covered by Medicare and Medicaid.  The [...]

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