At the LIMRA annual conference in Boston earlier this week, MIT economist James Poterba described how low interest rates make saving for retirement more of a challenge.
The 1998 Taxpayer Bill of Rights offers guidance for preventing politically-motivated governmental investigations, writes our guest columnist, an economist.
$30 million in prizes
A conference will be held to kick off the National Academy of Medicine's 'Healthy Longevity Global Grand Challenge' at AARP headquarters in Washington, D.C. on November 6-8, 2019.
'Mr. Scalia first defended the brokerage and insurance industry’s right to engage in conflicts of interest that harm retirement savers. Now, he seems eager to engage in his own conflicts of interest,” said Micah Hauptman of the Consumer Federation of America. (Photo of Secretary of Labor Eugene Scalia.)
'Leverage among corporations is historically high. We’re monitoring that and taking appropriate steps,' Fed chair Jerome H. Powell told reporters Wednesday after announcing a third quarter-point hike in the fed funds rate.
Great American amends fee-based annuity contracts; Security Benefit issues two new index annuities; New mortality tables for pension plans issued by SOA; Fidelity offers in-plan income planning tools; State regulators pass on ‘best interest’ rule—for now; Athene gets $1.6 billion in capital from Apollo; Brexit stymies pension law progress in UK; Settlement between MIT and its plan participants described
MassMutual, a manager of multiple-employer retirement plans for affiliated companies since 1989, hopes to manage Open MEPs. Legislation on Open MEPs is stalled in the U.S. Senate.