retirement

Kentucky state lawmakers continue to delay reforming the state’s public pension systems.

A new report published by the Manhattan Institute warns us of an impending crisis: In the coming years, taxpayers will continue to be taxed more heavily to pay for teachers’ retirements, teacher pension debt will keep growing, and children will suffer for it.

In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with John Berlau. Berlau is a senior fellow at the Competitive Enterprise Institute. Hathaway and Berlau talk about the U.S. Department of Labor’s proposed conflict-of-interest rule, a regulation on retirement investment brokers that would put professional investment advisors out of the reach of millions of investors, and rack up billions of dollars in compliance costs.

Despite decades of contraction, organized labor still has a disproportionately large voice in the government sector. Its influence presents real fiscal problems for states.

How much would you need to be able to retire comfortably? If you’re not sure of the answer, don’t worry: the Obama administration will answer for you. President Obama’s FY…

As crazy as it sounds, it could be a possibility. Last month, Senator Harkin and Senator Sanders held hearings to explore replacing 401(k) accounts with Government Retirement Accounts (GRAs). Mark…