Retirement

The Labor Department has proposed a rule that could discourage retirement funds from making investments based on environmental, social and governance considerations. Labor Secretary Eugene Scalia, in an opinion article Wednesday in The Wall Street Journal, said the move “reminds plan providers that it is unlawful to sacrifice returns, or accept additional risk, through investments
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Sian-Pierre Regis, 35, is used to living with roommates. For the past 10 years, he has split the rent on his apartment in the Chelsea neighborhood of Manhattan with two (in some cases, three) friends. But in June, he’s getting a co-tenant of a different sort: his 78-year-old mother, Rebecca Danigelis. “I don’t think either
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You can count on stocks to beat bonds over the long haul. That, at least, is the common wisdom, and much of the time it has even been true. But not over long stretches lately. With the chaos in the stock market in recent months, some advantages for bonds might be expected. But the outperformance
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The Social Security Administration operates a vast network of more than 1,200 offices around the country that help thousands of Americans every day with applications for retirement, disability and Medicare benefits. No more. Starting Tuesday, Social Security’s field office network will be closed to the public in most situations until further notice because of the
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“I’m self-employed. Given economic uncertainty around the coronavirus outbreak, should I still make a contribution to my SEP I.R.A.?” Contributing to a retirement account warrants some caution right now for self-employed people, since they don’t get a regular paycheck. Self-employed people with SEP I.R.A.s (short for “simplified employee pension individual retirement arrangements”) often make annual
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The trend has been moving in a positive direction: Over the past decade, far more workers who are eligible for Social Security have been waiting to file, often substantially increasing their lifetime annual benefits. But the stunning job losses in the pandemic-induced economic crisis could bring this trend to a crashing halt, as suddenly unemployed
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