Retirement Crisis

Concerns Mount Over 401(k) Cuts in Trump Tax Plan

Concerns Mount Over 401(k) Cuts in Trump Tax Plan

The President Says on Twitter That the 401(k) Plans Will Be Untouched, But Not Everyone Is Convinced The Trump tax plan continues to face controversy, this time with concerns that the 401(k) pension-matching plan may face reductions in the new tax overhaul plan, even as the president comes out on Twitter to claim that the (more…)

American Lifespan Shorter: Americans Face Lower Life Expectancy, Later Retirements, and More Sickness

American Lifespan Shorter: Americans Face Lower Life Expectancy, Later Retirements, and More Sickness

Americans are dying sooner, retiring later, and are experiencing more sicknesses than a generation before, according to new calculations made by the Society of Actuaries, which puts the changing American lifespan into perspective. Data released recently shows that the American lifespan and health are declining, with millions of middle-aged workers facing shorter and less active (more…)

Kentucky Public Employee Retirements Spike Amid Fears of Pension Cuts

Yellow warning sign about student loan payments ahead, with blue sky and clouds background.

Government Worker Retirements Surge to Preempt Pension Cuts Kentucky’s ongoing pension crisis has given birth to a new problem: many public sector employees are beginning to retire early, in fear that they may lose pension benefits later if they continue working now. This has the state government worried that there will be a mass exodus of workers (more…)

Kentucky Pension Crisis: Union Workers React to Possible Pension Cuts

Geographic border map and flag of Kentucky, Bluegrass State

Kentucky State Pension Crisis Has Unionized Workers Worried Unionized Kentucky government employees are protesting against pension cuts that are being proposed by Governor Matt Bevin as the state’s pension crisis runs out of control. Over the Labor Day weekend, members of various public sector unions gathered in Louisville to discuss their next plan of action (more…)

Spectrum Strike Drags on; But Company CEO Highest Paid in America

Worker Holding Placard With The Text On Strike

The Spectrum strike by Local Union #3, which represents approximately 1,800 Charter Communications Inc and Spectrum employees in New York and New Jersey is nearing the half-year mark. The union has been on strike since March 28 on the grounds that Spectrum workers have not had a contract since the previous one under Time Warner (more…)