Financial Wellness – More states are entering retirement savings business

Kern Business Journal August 2015 Illinois and Washington already have approved state-run retirement plans for employees of private companies. Oregon is following the trend. And at least 25 other states, including California, are studying the feasibility of starting programs. Small business owners must brace for the likelihood that state governments soon will be operating payroll-deducted retirement savings programs for … Read more

Student loan scandal threatening U.S. economy

The Bakersfield Californian June 30, 2015 Roughly $1.2 trillion in U.S. student loans are jeopardizing the present financial well-being and future retirements of generations of Americans. And the Wild West-like behavior of the student loan industry is making the situation worse. Consumer abuses have become so rampant that the federal Consumer Financial Protection Bureau recently … Read more