Updates

Another company just cut its pension plan — what to do if it happens to you

Jul 13th, 2018
Avery Dennison AVY, -0.70%  is the latest example of a persistent trend: the death of the pension plan. The labeling and packaging company said on Wednesday it was terminating its pension plan, effective Sept. 28, eight years after first freezing the program. It also said there would be no change in benefits for the 11,200 current participants, although … more »

A Bear Market Is Coming — This Is How Investors Can Prepare

Jul 7th, 2018
It isn’t rosy in all Wall Street research departments. Citigroup analysts are predicting a “full-on bear market” within months based on historical trends, according to a new note by equity strategist Robert Buckland. Here’s how you can protect your portfolio. Assess Your Risk Most everyone will suffer losses in a bear market (short-sellers are winners, of course), … more »

How to Invest My Lilly 401(k)

Jun 26th, 2018
The income that you live off of during retirement will come from three sources; your Lilly pension, Social Security, and the money that you saved in things like your Lilly 401(k), IRAs and other investments. For most people, the 401(k) will be their largest asset to meet their retirement income needs, so it’s important to … more »

What to do if Your Pension is Frozen or Terminated

Jun 21st, 2018
Steel monster- Terminator. Photo by Rostislav Kralik In 2017, only 16% of the Fortune 500 companies offered a traditional pension plan to employees, compared to 59% in 1998*. While the use of pension plans is on the decline, among pharmaceutical companies those numbers are much better, with 50% of companies still offering pension plans – … more »

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