David Lerner Associates --How Safe Is Your Pension Plan?
Some financial and retirement experts are recommending that workers and retirees who are dependent on pension plans do some "what-if" scenario planning to gauge how well prepared they might be for a possible cut in their pension benefits.
David Lerner Associates: Review the Safety of your Pension Plan
In the wake of Detroit's bankruptcy filing some public and private sector workers and retirees in other cities are reviewing the security of their pensions.
David Lerner Associates News: Elder Poverty Is Projected to Rise
The Social Security system "is facing serious financial problems, and action is needed soon to make sure the system will be sound when today's younger workers are ready for retirement."
David Lerner Associates: Are You Planning to Work During Retirement
As employees near retirement age, more and more plan to work at least some of the time during the course of their retirement years.
David Lerner Associates: Misconceptions and Realities about Social Security
There's no doubt about it, Social Security is an essential source of retirement income for most Americans. More than nine out of ten people age 65 and older obtain Social Security advantages.
David Lerner Associates: "Qualified plan" - What does it mean?
There are numerous different types of qualified plans, but they all fall into two categories. The advantages you receive from the plan depend upon investment performance.
David Lerner Associates: Social Security and Divorce
If you want to qualify for one half of your ex-spouse's Social Security benefits, there are certain requirements which must be met.
David Lerner Associates: New Vets Pension Rates Released
The U.S. Department of Veterans Affairs (VA) provides a tax-free, supplemental pension to qualifying wartime veterans and their families.The latest MAPR rates, effective December 1, 2014, are available on the U.S. Department of Veterans Affairs website.
David Lerner Associates: Older Americans are Blazing a Trail to Retirement
The theme of Older Americans Month 2016 is Blaze a Trail. The idea is to use this theme to raise awareness about important issues facing older adults. Retirement is certainly one of those issues. According to the Government Accountability Office, among households with members aged 55 or older, nearly 29% have neither retirement savings nor a traditional pension plan.
10 Questions for Your Retirement
The old fashioned idea of working for 40 years, retiring with a good pension, and a comfortable retirement is no longer the norm. For older Americans who are nearing retirement age, there are many factors to consider.