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HSAs No Panacea for Retiree Medical Costs: EBRI

by Editorial Staff

Wed, Apr 07, 2010

If it's true that retired couples will need $350,000 on average to cover costs not covered by Medicare, Health Savings Accounts won't be large enough to do the job, says the benefits research organization.

Hartford CEO to VAs: “Never Again”

by Kerry Pechter

Wed, Apr 07, 2010

The insurer won't focus on VAs as much as in the past. It expects total annuity sales of $5 billion in 2012, or less than half its individual annuity sales in 2008.

Czech It Out: Pension Pains are Global

by Editorial Staff

Wed, Apr 07, 2010

Age-related spending in the Czech Republic will be 23.4% of GDP by 2060, according to European Commission data.

Americans To Spend Their Mad Money Sanely

by Editorial Staff

Wed, Apr 07, 2010

More than eight in 10 Americans polled said they would use their tax refunds to pay down debt, save or invest, or spend on everyday necessities.

P. Kennedy Proposes Savings Accounts for Children

by Editorial Staff

Wed, Apr 07, 2010

H.R. 4682 would create an account with $500 per year for all children at birth, with a supplement of up to $500 and matching contributions of up to $500 each year for children in families with incomes below the national median.