Chester County News and Community Website
Senate Finance Committee Chair Ron Wyden, D-Ore., on Tuesday announced the bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act to bolster retirement savings, and Conservation Easement Program Integrity Act to shut down fraudulent …
Bipartisan SECURE Act Boosts Retirement Savings Read More
What age are you considered a senior citizen? The answer to this question may surprise you. In the United States, the definition of a senior citizen is someone who is …
What Age Are You Considered a Senior Citizen? Read More Are you concerned about outliving your savings? You’re not alone. In fact, many people are in the same boat. A recent survey of Registered Investment Advisors (RIAs) reveals that retirement …
Worried About Outliving Your Savings? Here Are 5 Tips to Help Improve Your Finances and Save for Retirement Read More
CHADDS FORD, PA — Kennett Township is considering amending its Non-Uniformed Employees’ Pension Plan to allow it to be governed by the Pennsylvania Municipal Retirement System.
Kennett Township to Amend Non-Uniformed Employees’ Pension Plan Read More
Despite the increasing cost of goods, a majority of Americans remain hopeful about their financial future. A New York Life Wealth Watch Survey found that 62% of adults have overall …
Despite Rising Inflation, Americans Remain Hopeful About Their Financial Future Read More
VALLEY FORGE, PA — Vanguard recently released the newest edition of How America Saves, the firm’s seminal report on 401(k) plan design and retirement savings habits. Through its annual, comprehensive …
Vanguard: Retirement Plans Should Evolve for the Modern Worker Read More
NEWARK, NJ — The former administrative manager of a carpenters’ union pension fund on Friday admitted embezzling approximately $140,000 and making false statements on a required report to the U.S. …
Former Carpenters’ Benefit Plan Administrator Admits Embezzling $140,000 Read More
WASHINGTON, D.C. — Retirees who turned 72 during the last half of 2021 that, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from …
April 1 Is Last Day to Start Taking Money Out of IRAs and 401(k)s: IRS Read More
WASHINGTON, D.C. — The Internal Revenue Service is reminding taxpayers they may be able to claim a deduction on their 2021 tax return for contributions to their Individual Retirement Arrangement …
Saving for Retirement? IRA Contributions for 2021 Can Be Made Until April 18 Read More
WASHINGTON, D.C. — Recently, the U.S. Department of Labor’s Employee Benefits Security Administration released Field Assistance Bulletin 2021-03 announcing a temporary enforcement policy regarding the new fee transparency disclosure requirements added to …
Department of Labor Announces Enforcement Policy on Disclosure Requirements for Group Health Plan Service Providers Read More