Retirement

During this America Saves Week, learn about some of the basic financial responsibilities you’ll have and tips to help you handle them successfully/plan for them.

As we move into 2023, consider learning more about financial planning for your future and preparing for retirement

The Department of Labor is issuing a rule that allows retirement plan investors to take environmental, social and governance factors into account as appropriate.

No matter where you are in your career, a secure retirement should be one your financial goals.

To prevent problems with our retirement system in the future, we must act now.

Every person deserves to retire with dignity and receive the benefits they earned through their years of hard work. We caught up with Joe Pittman II, a member of the United Brotherhood of Carpenters and Joiners of America, to share how the Special Financial Assistance program will benefit him and his family. 

Earlier this summer, Labor Secretary Marty Walsh joined President Biden, union workers and retirees in Cleveland, Ohio, to announce the final rule implementing the American Rescue Plan’s Special Financial Assistance program. This program will provide financial relief to millions of unionized workers in multiemployer plans who faced significant cuts to their pensions. We caught up with Kenneth W. Stribling, president of the National United Committee to Protect Pensions, to share how the Special Financial Assistance program will benefit them and their family.  

The Department of Labor’s Employee Benefits Security Administration can help you plan for retirement with free resources on financial planning, employer-provided retirement plans, and more.

Every person deserves to retire with dignity and receive the benefits they earned through their years of hard work. Pensions are critical to the economic security of many retired workers and their families, who depend on these benefits to pay their housing and living expenses, medical bills and so much more.

Every single American worker should be able to retire with security.  And it’s fundamental to the Department of Labor’s mission that every worker be empowered with the tools, resources and protections they need to make that a reality.