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Professionals' Column September 28, 2007  RSS feed


Current Pension Topics: Roth IRAs Under City 'Deferred Comp'
      As promised, the Deferred Compensation Board of the City of New York has launched its Roth NYCE IRA program. The following information comes from the Deferred Compensation Plan's Web site. Please direct all questions you may have to me so that everyone may benefit from the question and answer.
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YOUR SOCIAL SECURITY
      Record numbers of new retirees will apply for Social Security benefits in the coming years. Why? This January the first wave of the 77 million strong baby-boomer generation will turn 62 and become eligible for reduced Social Security retirement benefits. That means that about 10,000 people per day will be newly eligible to apply for benefits.
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Know Your Rights: Tough Year for Civil Servants
      For those who follow legal trends, civil servants have had little to celebrate this past 12 months. Summer 2006 left us with a bad decision limiting public-employee whistleblower claims. Other adverse court decisions soon followed.
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