Via NBC News By Martha C. White American workers could be losing a collective $2 trillion in lost retirement savings — simply by not rolling over their 401(k) savings accounts when they change jobs. A practice referred to as “forced transfers” or “forced rollovers” is the reason for much of these losses, according to the Employee Benefit Research Institute. Read the full article. Continue reading Wait, Where Did My 401(k) Account Go?
Via The Associated Press COLUMBUS, OHIO Ohio’s largest pension system has voted to cut benefits for retirees. The Columbus Dispatch reports the Ohio Public Employees Retirement System voted Wednesday on the plan that would affect all of its more than 1 million members, current retirees and future ones. Read the full article. Continue reading Pension fund board votes to cut retirees’ benefits
By Emilee Evans, Legal Intern As noted in last week’s blog post, bullying is used to make an individual feel powerful by making another individual feel vulnerable and powerless. Being the target of bullying can be intimidating. By seeing this behavior through the perspective of residents of long term care facilities, hopefully cases of bullying will be easier to identify. The end of this post will include resources to use … Continue reading Bullying Among Older Adults: Long Term Care Facilities, Part 2 of 4
By Emilee Evans, Legan Intern In light of October being Domestic Violence Awareness month, it is important to recognize forms of domestic violence that are largely underrepresented and not frequently brought to the public’s attention. Bullying among older adults is a misrepresented issue that may constitute a form of domestic violence. The questions then arise: What is bullying among older adults? Where may it occur? When do issues begin? Why do these disputes … Continue reading Bullying Among Older Adults: The Basics, Part 1 of 4
By Julia Miller, Legal Intern Renting can be a great alternative to buying your home, especially for those who move a lot, students, people who cannot afford or cannot get loans to buy a home, or for seniors who may not be sure how long they will be able to live independently. While renting a property can offer a degree of flexibility, there are always … Continue reading Sale of an Occupied Rental Property
Julia Miller is an undergraduate intern. She started her senior year at Michigan State University and is set to graduate in the spring of 2018. Despite starting her college career with the intention of pursuing a degree in Neuroscience and becoming a Pediatric Neurologist, Julia quickly realized that medicine, and more specifically chemistry, was not her true passion. Knowing that she wanted to spend her … Continue reading Welcome Julia!
Via WFAA By Jason Trahan he Dallas Police and Fire Pension system has filed a lawsuit against its former financial consultants and an attorney alleging they all failed to sound alarms about the fund’s risky real estate investments. The suit seeks to recover millions in fees paid to the Townsend Group, based in Ohio, and two of its principals, Richard Brown, of Colorado, and Martin Rosenberg, … Continue reading Dallas police and fire pension sues for millions in fees over bad investment advice