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The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South ...
The “silver tsunami,” or the mass retirement of Boomers, may cause serious changes to our workplaces and incomes. Currently, baby boomers–those aged 65 and older–make up approximately 17% ...
5 big-ticket purchases retirees often splurge on in retirement only to regret it — plus what to do instead. There’s a reason why the early days of retirement are called the Go-Go years. If...
See our editor's picks for best savings, checking and hybrid accounts for active agers, seniors and retirees, updated for June 2024.
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering .
The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. Tooltip Public Law (United States) 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.
One solution for some workers: investment options that provide guaranteed retirement income in their employer-provided retirement plan.
The smallest payout was $845, to a retiring city janitor who made an annual salary of $69,153, according to data Joliet Patch obtained through the Freedom of Information Act. Nine Joliet retirees ...
Contra Costa County Employees' Retirement Association (CCCERA) is a retirement association for Contra Costa County, California's public employees. It provides defined benefit plans to the county and other local agencies.
Here’s how to invest your money after retirement so it can continue to last you through your golden years. 1. Calculate your retirement expenses. When you were saving for retirement, you were...