Retirement

Retirement Living

Working with a purpose
The Purpose Prizes recognize older Americans whose nonprofit work makes a difference in the lives of others.
An environmental bent 
The best 50+ workplaces
Tax tips for end-of-year giving

Family Finance
Raiding the nest egg
Hard times are forcing more Americans to tap retirement savings in order to meet pressing financial needs today.

ROBERT POWELL
The other 401(k)
Savers in 403(b) retirement plans will face fewer investment choices, more rules in 2009.
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401(k)s/IRAs
Your IRA needs love
You shouldn't neglect your individual retirement accounts as a valuable part of your post-work income strategy.

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How Madoff cost my family a job, a 401(k) and a worthy cause
BY ROBERT POWELL
For much of my life, the name Bernie Madoff has meant nothing to me. Now, however, it means far more than it should in my households and countless others across America. In my household, the net effect of the Madoff scheme is that my wife has lost all the money in her 401(k) and her job.

Retirees closer to relief on mandatory savings withdrawals
BY RUTH MANTELL
Acting to ease retiree anxiety amid growing economic turmoil, lawmakers have suspended a requirement to make a minimum withdrawal from retirement accounts.

Baby boomers face three new risks over the next 20 years: Report
BY ROBERT POWELL
Over the next 20 years, boomers will face many risks. Some are well-known and documented, such as the risk they’ll outlive their assets and spend their life savings on long-term care. Some are less understood, such as the risks resulting from a rapidly deteriorating environment. But what is unknown is how boomers will deal with these and other unique risks.

Retirees win $100,000 prizes for helping ex-cons, the environment
BY ANDREA COOMBES
Some people give to charitable organizations. Others start their own.

Crisis forces about one-in-five savers to tap retirement assets
BY ROBERT POWELL
Talk about a downward spiral. Hundreds of thousands of Americans got pink-slipped in November. And now they, along with millions already unemployed, will have to figure out how to make ends meet.

Next year 403(b) savers face fewer investment options, more rules
BY ROBERT POWELL
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.”

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