| Losing Sleep-Literally-Over the Future
No surprise, concerns about their financial well-being in retirement mean too many Americans are watching infomercials for colon cleaners and home gyms at 2 a.m. rather then getting their REM sleep. "When you're struggling to put food on the table and feed a couple of kids, you're not in a position to plan for your future," says Joycelyn Ward, 65, of Juneau, Alaska, who plans to keep working for at least an additional 10 years out of financial necessity. "I wasn't able to start setting aside anything for retirement until I was in my 50s." .
Deborah Carter
We even have a new full-time HSA support person in each high school. It's crazy. Watch the BoE wrestle with setting the academic calendar sometime, as they try to accommodate everyone while entire months are pre-empted by the state for their tests. I've said it before: I signed on to be a teacher, not a test prep technician. The more experience I have in the field of education, the less satisfied I am with traditional tests as a means to measure what students have learned. It isn't just because of my own personal observation, although every year shows me more about how differently each child learns; we also have increasingly more information about the way the human brain functions. Tests have their place. In Latin, I need to know how much vocabulary a student has memorized, and tests are an easy way to find out.
Rudd turns a new page for Labor
Mr Rudd says Australians had looked to the future in placing their trust in him and his team. "Today Australia has looked to the future," he said. "Today the Australian people have decided that we as a nation will move forward." "We should celebrate and honour the way we conduct this great Australian democracy of ours, and it's been on display tonight," he said. Casualties While Mr Howard shapes as the biggest casualty for the Coalition, other high-profile ministers are also look like losing their seats. One definite casualty was Mal Brough, the Minister for Families, Community Services and Indigenous Affairs. He suffered a swing against him of more than 10 per cent to lose the seat of Longman, on the northern fringe of Brisbane.
Running on autopilot
The hottest new products in the 401(k) universe are known as a "targeted maturity funds," which essentially allow investors to put their portfolio management on autopilot for years to come. Also known as "target date funds," these accounts are essentially funds of funds -- managed funds that hold an entire portfolio of mutual funds allocated based on the investor's age. As the investor gets closer to retirement, the portfolio is adjusted and rebalanced automatically to a more age-appropriate asset allocation. But managing the account is not the only effortless part of the process for some 401(k) target maturity fund investors. Thanks to some new rules from Congress, even the enrollment process for targeted maturity funds can be handled without any involvement by the investor.
Gillette case expected to set precedent for pension trials - Headed to ...
Jamaica's Appeal Court's ruling that scores of former workers of Gillette Caribbean are entitled to a share of a $42 million surplus in the company's pension scheme is heading for the Privy Council for final resolution. Initially, the funds were earmarked for sharing between the firm and the two employees still on the payroll when the scheme was discontinued in 2001. Appeal judges on Monday gave conditional leave for lawyers representing Vivion Scully and Morven Richardson, who argue that they should be the only beneficiaries, apart from Gillette, to proceed to London with the case, whose outcome, lawyers say, could be influential on other pending pension cases here. Changing interpretation "There are a number of pension cases in the pipeline, turning on the interpretation of the rules governing the scheme," one senior lawyer explained on Monday after the appeal judges gave attorney Wentworth Charles the green light for the final appeal.
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