Dan Doonan News Today

According to the Social Security Administration (SSA), more than 67 million Americans received Social Security benefits in 2023. Many Americans depend on these benefits to stay financially independent. But the

As women face a bigger uphill battle when it comes to retirement savings, many expressed support for the return of pension plans and government support for making long-term care more affordable in retirement.

Asset management firm BlackRock has debuted a savings product designed to give retirees a guaranteed, paycheck-style income.

The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by Bernie Sanders ponders a return for DB plans.

Americans are increasingly worried about retirement, and they see a return to pensions as a way to restore the American Dream of retirement, according to new research from the National Institute on Retirement Security (NIRS).

With a few notable exceptions, the age of pensions is largely over in the U.S. Traditional defined benefit plans have replaced largely by defined contribution retirement vehicles like 401(k) plans. A new study from the National Institute on Retirement Security, … Continue reading → The post Pensions May Actually Be Cheaper For Employers Than 401(k) Plans appeared first on SmartAsset Blog.

Nebraska saw nine long-term care facility closures in 2022, second only to 13 in Texas. In the past three years, Nebraska has lost a combined 29 assisted living facilities and nursing homes. Inadequate funding for Medicaid patients, workforce issues and the rising costs of goods and services have all contributed to these closures. ...

About 180,000 Nebraskans are caregivers for a family member. Nationally, family caregivers spend an average of more than $7000 a year on related expenses. A bill in the Nebraska Legislature would help offset some of those expenses. ...

Starting in 2025, North Dakota will close its public pension plan for new hires - who will instead be offered a 401k-style benefit.

Reaching retirement with enough money to live on is a big-ticket goal. Yet, many people have not consulted with a professional to make sure they’re on track.