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Workers save $8.5 million in first year of new retirement program

By Jerry Nowicki
Nov 18, 2019 3:40 PM - State Treasurer Michael Frerichs said more than 32,000 Illinoisans have saved more than $8.5 million for their retirement as part of Illinois Secure Choice, a program implemented in the past year. "The program makes it easy to save by offering a default investment option that can move with the worker from job to job," Frerichs said.
These employers chip in on your student loans

By RYAN LANE of NerdWallet
Nov 17, 2019 6:15 AM - Here's how different companies help employees deal with student debt.
Ignoring women costs finance firms $700 billion a year

Emily Cadman
Nov 17, 2019 6:08 AM - Many products that appear gender-neutral actually default to men's needs, with wealth products in particular not consistently designed for women's financial lives, according to a new report.
AbbVie begins mega bond sale to finance Allergan acquisition

Elizabeth Rembert
Nov 12, 2019 10:10 AM - AbbVie Inc. is selling what could be $28 billion of bonds to help finance its acquisition of Allergan Plc, which would be the largest bond sale this year.
Even doctors wonder how Medicare works

By Thomas Heath
Nov 10, 2019 10:31 AM - Stephen Hansman, a family doctor, was familiar with the federal health insurance system. Then he decided to retire.
How the Lego billionaires lost $150M in a single day

Christian Wienberg
Nov 10, 2019 6:00 AM - The trigger was a profit warning from ISS A/S, which shaved 20% off the market value of the Danish office-service firm. The estimated dent to the Lego family fortune is based on regulatory filings showing it holds roughly 15% of ISS.
Vast majority of paper millionaires in Silicon Valley are men

Candy Cheng
Nov 9, 2019 6:00 AM - With companies like Uber Technologies, Inc., and Slack Technologies Inc. going public this year, the question has been: How many millionaires will Silicon Valley mint? What's not being asked is how much of that new wealth will go to women.
Five tips to set you on the right path to retirement

Nov 7, 2019 1:00 AM - As with any transition in life, there will be adjustments to retirement. Here are a few tips to set you off on the right path.
On the verge of retirement?

Nov 7, 2019 1:00 AM - Are you on the verge of retirement or selling your company? Consider this to help you get set up securely for retirement.
Ready to retire? Two major obstacles need to be cleared

Nov 7, 2019 1:00 AM - As a business owner, you dream about the day you can sell your business and finally enjoy a comfortable retirement. But selling your business at a good price does not automatically translate into the retirement of your dreams. In fact, there are still two major obstacles you'll need to overcome if you want to use your proceeds to help support your desired retirement lifestyle.

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