Monday, April 19, 2021

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GOV. GINA M. RAIMONDO RECEIVED a 41 percent approval rating in Morning Consult's third quarter governor approval rankings. / PBN FILE PHOTO/ MICHAEL SALERNO

Should layoffs and furloughs of state workers be part of the...

Gov. Gina M. Raimondo has so far resisted calls for layoffs of state employees amid the pandemic-induced economic crisis and has sought only limited...

Retirement interrupted?

1. Has the COVID-19 pandemic disrupted tax and retirement planning for your business? No: 63% Yes: 38% 2. What measures did you take to address the disruption?...

How to nudge workers to save more for retirement

For U.S. workers covered by 401(k) plans, every January offers a new opportunity to change how much they save for retirement. So this is...
James Worrell

Poor management sparks company retirement plan lawsuits

While today’s economy appears strong following years of a rising stock market and solid gains by bonds, economists’ predictions of a recession could lead...
STARTING EARLY: Nick Loring, left, principal of Loring Advisory Group in Smithfield, speaks with client service associate Mike Primiani. Loring says the amount of financial advice available online allows millennials to take retirement seriously even though it’s more than three decades away. / PBN PHOTO/MIKE SKORSKI

Many millennials taking steps to have fat nest egg in retirement

How do millennials stack up when it comes to retirement savings as opposed to members of Generation X? According to a recent national survey, millennials...

Congress could ruin your 401(k)

Saving for retirement can be a perilous endeavor in the U.S., thanks in part to the Trump administration’s moves to weaken safeguards against unscrupulous...
RHODE ISLAND ranked as the No. 27 best state to retire by Bankrate.com this week. / BLOOMBERG NEWS FILE PHOTO/MICHELE LIMINIA

R.I. ranks No. 27 in best and worst states for retirement...

PROVIDENCE – Rhode Island ranked as the No. 27 best state for retirement by BankRate.com on Wednesday. The report considered 11 metrics related to affordability,...
NEARLY 40% of Americans lack confidence they will ever save enough money to retire, according to a new survey by LendEDU. / BLOOMBERG NEWS FILE PHOTO/ MICHELE LIMINA

Retirement? Four in 10 Americans don’t see it ever happening

NEW YORK – Almost 40% of Americans lack confidence they will ever save enough money to retire. That number climbs even higher among older...

Fidelity: A couple retiring today needs $285K for medical expenses

PROVIDENCE – A 65-year-old couple retiring today can expect to spend $285,000 out of pocket for health care and medical expenses through their retirement,...
ALMOST HALF of Americans over the age of 55 do not have funds in an 401(k) or a personal retirement account. / BLOOMBERG NEWS FILE PHOTO/MICHELE LIMINIA

Half of older Americans have nothing in retirement savings

NEW YORK - The bad news is that almost half of Americans approaching retirement have nothing saved in a 401(k) or other individual account....

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