Recently, Business Insurance cartoonist Roger Schillerstrom published a montage of illustrations chronicling some of the highs and lows in the world of pensions over the past decade.
Our communications team also decided to document the agency's history by adding a cool new feature to the Facebook page - a photo movie. With pictures from day one, it highlights important milestones and behind-the-scenes efforts that protect America's pensions.
It's another short and simple way of telling our story.
Check out our Facebook movie timeline.
Photo Credit: Roger Schillerstrom, Business Insurance
Photo Caption: After the PBGC opposes American Airlines' plan to terminate its pension plans, the airline backtracks and agrees to freeze the plans instead, sparing the PBGC from what would have been its biggest-ever loss.
A secure retirement is every worker's dream, but successful retirement planning is what makes that dream a reality.
There are many tools and resources to help make the process a lot simpler and less daunting.
For instance, the U.S. Department of Labor, Employee Benefits Security Administration (EBSA) has a great online publication complete with interactive worksheets to help you with the process of retirement planning.
Taking the Mystery Out of Retirement Planning is available online and can also be requested in print.
We hope this resource is helpful!
As many retirees rely on a fixed income, the decision of where to retire can sometimes be tough. The golden ticket is finding a place that is not just affordable but enjoyable. Many retirees want a place that is alive with arts, culture, and community.
Luckily, AARP has done the research so you can get the most bang for your buck! Their listing of the “10 Best Places to Live on $100 a Day”:
- Spokane, Washington
- Las Cruces, New Mexico
- Eau Claire, Wisconsin
- Roanoke, Virginia
- Morgantown, West Virginia
- Pittsburgh, Pennsylvania
- San Antonio, Texas
- Omaha, Nebraska
- Grand Junction, Colorado
- Gainesville, Florida
Read AARP’s full article: http://www.aarp.org/home-family/livable-communities/info-07-2012/best-places-for-low-cost-retirement.html?intcmp=HPBB2C
According to a recent Prudential study, women are less confident about their retirement finances than their male counterparts. The study also highlighted the difference in level of confidence between women younger than 35 and those of the baby-boomer generation. It is believed that this confidence gap may reflect a gap of knowledge and experience.
An article from CBS Money Watch details the following tips women can take to boost their confidence about being prepared for the future.
1. Go for retirement benefits
2. Contribute to spousal IRA
3. Inventory your retirement benefits
4. Monitor and manage investments
Read the full article on CBSNews.com.
As seniors near retirement, many are choosing the increasingly popular living arrangement of home sharing to meet a variety of needs that come with old age.
What is home sharing? Home sharing is when a homeowner offers living accommodations to a home sharer in exchange for rent and/or household assistance.
Why are so many choosing home sharing? The homeowner gets money to help pay for rent, utilities, or other expenses while the home sharer is provided with affordable housing. Other benefits to home sharing for both parties include companionship, a sense of security, and mutual support.
There are many regional agencies that can help match homeowners with home sharers based on location, physical needs, and similar interests.
You can find more information about home sharing at:http://nationalsharedhousing.org/