Retirement

Council to consider mayor's proposed pension changes

2013-05-21 17:26:53

With the city retirement system short hundreds of millions of dollars in unfunded liabilities, officials say they are likely to begin requiring municipal employees to contribute to their pensions. "Pretty much everyone is in agreement that it's fair,"...

Two lattes and a cocktail: How to get your 20-something to save

2013-05-01 09:54:00

For someone in their 20s, retirement is something their parents are talking about. It is almost impossible for them to imagine their own lives 50 years out. Telling kids to save for that day — when student loans and car payments and fixed expenses...

Mayor's bill would require city workers to pay into pensions

2013-04-29 00:00:00

With the pension system for City Hall workers facing nearly $700 million in unfunded liabilities, Mayor Stephanie Rawlings-Blake is introducing legislation today that would require employees to start contributing part of their salaries to the fund....

Price discusses ETFs and tax policy at annual meeting

2013-04-23 17:16:00

After T. Rowe Price executives recapped last year's highlights at Tuesday's annual meeting, a shareholder raised concerns about the loss of a top money manager, competition from exchange-traded funds and an Obama Administration tax proposal that could...

5 questions with … Stuart L. Ritter

2013-04-21 00:00:00

As a senior financial planner with Baltimore money manager T. Rowe Price, Stuart Ritter spends much of his time on the job — and off — educating people about personal finance. April is Financial Literacy Month, and as many surveys show...

Obama budget would have big impact in Md.

2013-04-10 15:36:00

Labor unions representing federal employees reacted angrily to the $3.8 trillion budget unveiled Wednesday by President Barack Obama, who proposed trimming $20 billion from federal retirement benefits — reopening a debate many Democrats felt had...

The case against cutting Social Security and Medicare

2013-04-10 00:00:00

The president and a few other prominent Democrats are openly suggesting that Social Security payments be reduced by applying a lower adjustment for inflation, and that Medicare be means-tested. This is even before Democrats have begun formal budget...

40% of older households in Md. ill-prepared for retirement, study finds

2013-03-31 00:00:00

At an age when many workers are thinking about winding down their careers, Victoria Baldassano of Silver Spring says she can't afford to give retirement a thought. The part-time English professor at Montgomery College said her income has been too low for...

City pension system facing $681 million shortfall

2013-03-27 15:52:44

The pension system for most city workers has nearly $700 million in unfunded liabilities, according to an audit released Wednesday. In contrast, the smaller system for elected officials — who contribute to their pensions — is in strong...

Who really benefits from SSDI

2013-03-27 09:00:00

When economic times are tough and the daily headlines remind us of our nation's deficit challenge, it's easy to use misinformation and anecdotes of abuse to demonize certain entitlement programs. Unfortunately, this has the unintended effect of...

Retirement insecurity

2013-03-25 03:00:00

While Congress tosses all kinds of scenarios around about the future of retirement benefits like Medicare or Social Security — while doing absolutely nothing about it — we shouldn't be terribly surprised that real people are feeling as...

City school police seek better benefits for injuries in line of duty

2013-03-09 12:09:00

When city school police officer Joseph Baribeault attempted to arrest two combative students at the old Greenspring Middle School, he ended up injured at the bottom of two flights of concrete stairs. Even though the city has acknowledged his disabilities...

Dusk settles over the ice-covered bay of Lake Superior at Grand Marais, Minn. The Minneapolis-St. Paul area ranks high for retiree-friendly attributes such as environment and spiritual life.

2011-10-31 15:04:13

John Olvany has been hired as managing director at Drexel Hamilton, which on Monday announced the opening of its Chicago office at 30 South Wacker Drive.

2011-10-31 00:00:00

Susan Reimer writes that legal and logistical hurdles prevent a solution that's in the best interests of everyone: a more gradual transition for Baby Boomers from work to retirement.

2011-10-21 11:35:08