Lastest “retirement Saving” News
Was alleged Ponzi schemer an unsavory character invited in by Uncle Sam?
Kenneth Wayne McLeod allegedly cheated hundreds of federal employees out of millions of dollars before killing himself when his deceit was discovered. Fraud – Investment – Ponzi or Pyramid Schemes – Charles Ponzi – Ponzi scheme
Read more on Washington Post
Nancy Kormanik: Convert state pensions to IRAs
Dear Editor: If you get a paycheck from the state of Wisconsin, most of your benefits, including money that goes to fund your pension, are paid for with taxpayers’ money. The state should convert pensions to Individual Retirement Accounts where there is an equal contribution from the employee and the employer. The private sector did this years ago. When the employee retires or leaves the job …
Read more on The Capital Times
