Question: I am currently contributing 15% of my salary to my 401(k). With the current crisis taking a toll on the stock market, would it be a good idea to reduce my contribution to 10% and place the additional 5% somewhere else? —Verona, Savannah, Georgia
Answer: Without a doubt, the last few weeks have ranked as [...]
Question: I have $100,000 in an annuity with AIG that my mom and I depend on for income to live. Should I cash it out even though I would suffer a loss, or do you think I should hold onto it? It’s so hard to know what to do. —Kitty Schwartz, Plano, Texas
Answer: Most people [...]
State strips four attorneys of pensions, pension credits Newsday, NY - 15 hours ago As the New York State comptroller stripped four more private attorneys from Long Island of pensions or pension credits yesterday, three of the four plan to ...
UK appoints acting chair for pension agency Reuters - 10 hours ago The Personal Accounts Delivery Authority was set up to prepare the Personal Accounts scheme, which will include workers over 22 with no pension plan. ...
