Here are two scary stats for those looking to create a retirement nest egg:
Democrats and Republicans appear to be in agreement: The 2% payroll tax break workers have been enjoying should be extended. The problem? They can’t come to terms on how to pay for it.
Should employees be allowed to use their retirement nest egg to save them from foreclosure? Some on Capital Hill think so.
Legislation has just been brought before the Senate that would significantly reduce the size of the federal workforce and extend pay freezes.
House Republicans recently tasked three committees with writing legislation to repeal the healthcare reform law’s grandfathered plan restrictions.
A new Domestic Workers Bill of Rights, dubbed by critics as “The Babysitter’s Bill,” was just passed by the California State Assembly and would provide many workers with benefits they haven’t seen before.
Everyone agrees taking money out of a 401(k) hurts workers’ chances of saving enough for retirement. And now new legislation may help prevent workers from tapping those funds before retirement.
Yet another bill that’d increase your FLSA responsibilities has been introduced in Congress.
In its 2012 budget proposal, the Obama administration proposes new requirements for employer-sponsored retirement programs.
Two bills have been introduced in the Senate and House that could impact flexible spending accounts (FSAs).