Friday, October 24, 2008

Money Magazine & "New Retirement Plan"

The plan to save early retirement
Economist Teresa Ghilarducci argues that we needn't be chained to our desks forever.
By Pat Regnier, Money Magazine editor-at-large
Last Updated: April 23, 2008: 10:19 AM EDT

Full Story: http://money.cnn.com/2008/04/22/pf/retirement/early_retirement.moneymag/index.htm

Would Obama, Dems Kill 401(k) Plans?

Would Obama, Dems Kill 401(k) Plans?
October 23, 2008 10:47 AM ET James Pethokoukis Permanent Link Print
I hate to use the "S" word, but the American government would never do something as, well, socialist as seize private pension funds, right? This is exactly what cash-strapped Argentina just did in the name of protecting workers' retirement accounts (Efharisto, Fausta's Blog). Now, even Uncle Sam isn't that stupid, but some Democrats might try something almost as loopy: kill 401(k) plans.

FULL POST: http://www.usnews.com/blogs/capital-commerce/2008/10/23/would-obama-dems-kill-401k-plans.html

Who is: Teresa Ghilarducci ?

Teresa Ghilarducci is the Bernard and Irene Schwartz Chair of Economic Policy Analysis and the director of the Schwartz Center for Economic Policy Analysis at the New School for Social Research as of January 2008. Her new book, When I'm Sixty Four: The Plot against Pensions and the Plan to Save Them, Princeton University Press, investigates how to revive the promise of retirement to working Americans. Ghilarducci taught economics at the University of Notre Dame for 25 years.

Web Site: http://www.nd.edu/~tghilard/

Wednesday, October 22, 2008

Congress Committe Hearing

Saving Retirement in the Face of America’s Credit Crises:
Short Term and Long Term Solutions
Oral Testimony
Committee on Education and Labor
The Impact of the Financial Crisis on Workers’ Retirement Security
Tuesday October 7, 2008

Good by 401K ???

AARP STUDY
http://assets.aarp.org/rgcenter/econ/saving_options.pdf

US House Committee on Ways and Mans
http://waysandmeans.house.gov/hearings.asp?formmode=view&id=7105

Economic Policy Institute (Press Release)
http://www.epi.org/newsroom/releases/2007/11/071120-Retire-ASP-Release.pdf