Microsoft CEO Ballmer pay slips 4 pct to $1.3M

(AP)—Microsoft Corp. CEO Steve Ballmer's pay package fell 4 percent after his bonus was trimmed, partly due to slower-than-planned progress in the software company's online business and a drop in revenue at its Windows ...

Much more to happy retirement than money

(Phys.org)—One of the most common questions people ask when planning for their retirement is how much money they will need, but a more pertinent question is to consider how they want to live, says UNSW  psychologist and ...

Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

New small business law could have big effect on retirement accounts

A new law aimed at helping stimulate small business job growth through tax deductions could have major consequences for anyone with a retirement savings account at work, a University of Illinois expert on taxation and elder ...

Study: Financial windfalls hasten early retirement

Older workers who get a jolt of cash out of the blue are more likely to cash in on early retirement, according to new research led by two University of Illinois finance professors.

Owning too much company stock puts workers' retirement at risk

Congress should ban employer stock from company-sponsored retirement plans to spare workers the risk of putting too much of their nest eggs in one basket, a new study by a University of Illinois legal expert says.

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