Retirement

If You’re Saving for Retirement, This Matters To You:

Filed in Retirement, Secretary Perez by on February 24, 2015 0 Comments
If You’re Saving for Retirement, This Matters To You:

What’s the difference between a doctor, a lawyer, and a financial adviser? It may sound like a bad joke, but it’s a dead serious question. When you go to a doctor or a lawyer, you expect that the advice you get is in your best interest. That’s because lawyers and doctors have an obligation to […]

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What You Need to Know about Retirement “Conflicts of Interest,” in 3 Big Sentences:

Filed in DOL, Retirement by on February 23, 2015 1 Comment
What You Need to Know about Retirement “Conflicts of Interest,” in 3 Big Sentences:

Editor’s note: The following has been cross-posted from the WhiteHouse.gov blog – view the original here. Today, the president is announcing major actions to update the rules in place to protect you and your retirement savings. What exactly is a retirement “conflict of interest” and why should you care? Read on for a quick primer. […]

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Protecting the Fruits of Labor

Protecting the Fruits of Labor

America’s workers have received a strong return on President Obama’s investments in the Department of Labor. The president’s fiscal year 2016 budget request released this week builds on that success by ensuring that hard work is rewarded and that wages and benefits, like retirement savings, are protected. It also makes available funds for paid leave […]

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Working Together and Imploding Stovepipes

Working Together and Imploding Stovepipes

            “The challenges confronting people who want to punch their ticket to the middle class, and businesses that want to grow, entail for [their] effective and sustainable resolution unprecedented levels of interagency collaboration.”              — Secretary Tom Perez, November 3, 2014 When people have problems, they don’t have Labor Department […]

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Working Together for a Future of Safe Jobs

Working Together for a Future of Safe Jobs

Yesterday, I had the privilege of sitting down with Secretary of Labor Tom Perez and about 30 business owners and industry leaders representing an important part of the nation’s mining sector to discuss mine safety, jobs, skills and training needs, and preparing for the future. Secretary Perez, the industry, and Department of Labor participants laid […]

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ESOP 101: 4 Tips for Business Owners

Filed in Retirement by on September 24, 2014 0 Comments
ESOP 101: 4 Tips for Business Owners

Roughly 6,800 U.S. companies have an Employee Stock Ownership Plan, or ESOP, a type of retirement plan in which a company’s workforce owns stock in the company. ESOPs are governed by the Employee Retirement Income Security Act, which was passed 40 years ago. ESOPs can buy or sell stock – but only at fair market […]

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Do the Math – and Save

Filed in DOL, Retirement by on September 16, 2014 0 Comments
Do the Math – and Save

Many of us are living longer and will have healthier and more active years in retirement. That makes saving for retirement even more important. Don’t let the math put you off. EBSA’s Savings Fitness online worksheets make it easy: Enter your information, and the calculations are done for you. In recognition of National Hispanic Heritage […]

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What Changed Retirement Forever

Filed in DOL, Retirement by on September 2, 2014 1 Comment
What Changed Retirement Forever

You’ve worked for the same company your whole life. Tomorrow is your last day, and you’ve already packed up your desk. Your colleagues are setting up cupcakes in the break room when you get a call from Human Resources with bad news: You’ve been fired. And because you weren’t set to retire until tomorrow, you’ll […]

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Timing is Everything

Filed in DOL, Retirement by on August 13, 2014 0 Comments
Timing is Everything

Ever missed a great opportunity because you were late? Or paid more because you made your plans at the last minute? Timing is everything – particularly when you are preparing to retire. As you get closer to retirement, there are some key decisions to make to ensure that your hard work and savings pay off. […]

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This July, Declare Your Financial Independence!

Filed in DOL, Retirement by on July 1, 2014 0 Comments
This July, Declare Your Financial Independence!

What does financial independence mean to you? For some, it means getting on top of student loans or paying off credit card debt. For others, it means finding the money for a new car, a home or retirement account. And some may want to do all of these things and more, but aren’t sure where […]

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