Come Jan. 1, more than 10 million American workers who save for retirement in 403(b) plans may not be so eager to hear the phrase "Happy New Year." As a result of a government regulation...
WASHINGTON --U.S. workers will be able to put more money into their retirement accounts because of cost-of-living adjustments the Internal Revenue Service announced Thursday. The IRS made the increases because of the 5.8% cost-of-living adjustment...
WASHINGTON -- U.S. workers will be able to put more money into their retirement accounts because of cost-of-living adjustments the Internal Revenue Service announced Thursday. The IRS made the increases because of the 5.8% cost-of-living...
* NY governor, unions OK anti-layoff, cost-saving plan * About 4,500 workers could get $20,000 to retire early * Union backs governor's call to give new hires pensions (Adds byline and details in new paragraphs...
WARREN, Mich., April 16 - When hundreds of retired auto workers packed the union hall in this working class suburb earlier this week, there were more questions than answers about the fate of General Motors...
* Tells staff to take 3 unpaid days off per quarter * Suspends U.S. retirement account contributions * CEO tells employees to expect no bonuses * CEO asks for 20 percent salary cut BOSTON, April...
* Honda to cut North American output by 62,000 vehicles * Plants to be idled for 13 days between May and July * Will offer buyouts and early retirement WASHINGTON, March 31 - Honda Motor...
NEW YORK, March 25 - Morgan Stanley will pay more than $7.2 million to settle regulatory charges its brokers induced dozens of workers at Eastman Kodak Co and Xerox Corp to retire early and open...
HOURLY workers at Ford Motor Co. will get yet another round of buyout and early retirement offers, and the company's top two executives will take 30 percent pay cuts as Ford tries to find a way out of the worst auto sales slump in 26 years.
DETROIT, Feb 2 - General Motors Corp and Chrysler LLC on Monday began offering a new round of retirement incentives including vouchers for cars as...