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Contributions less secure when in nonqualified plan
Q. I am part of a nonqualified defined contribution plan. If the company files for bankruptcy, is my balance secure? — P.H. A. Probably not. To get favorable tax treatment, qualified defined contribution plans, such as 401(k)s, must comply with...Tags: Bankruptcy, Economy, Business and Finance, Finance, Politics, Internal Revenue Service
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Getting to know Neil Gaiman
AUSTIN, Texas — In Neil Gaiman's passport case, on a scrap of paper beside his green card, are two verses of an unfinished work called "Pirate Stew." "I assume it's for kids," Gaiman said. "But it's only two verses... and it just sits there, and...
Tags: United Kingdom, Atonement (movie), BlackBerry, Politics, BBC
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INTERVIEW-Deepwater expects to win U.S. offshore wind lease-CEO
ReutersBy Scott DiSavino June 14 (Reuters) - Privately held Deepwater Wind expects to win a federal lease to build a wind farm of up to 1,000 megawatts (MW) in federal waters south of Rhode Island and Massachusetts, the company's chief executive said in an...Tags: Solar Energy, Economy, Business and Finance, Siemens, Long Island, Energy
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Emergency manager: Detroit to halt debt payments, reinvest $1.25 billion in city
Detroit Free PressDETROIT Detroit emergency manager Kevyn Orr on Friday laid out an extraordinary, complex and painful path back to solvency for the city of Detroit in a proposed plan to creditors. It would spin off the city's water department, reduce city-provided health...Tags: Arbitration, Trials, Civil and Public Service, Economy, Business and Finance, Bankruptcy
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Deepwater expects to win U.S. offshore wind lease: CEO
Reuters(Reuters) - Privately held Deepwater Wind expects to win a federal lease to build a wind farm of up to 1,000 megawatts (MW) in federal waters south of Rhode Island and Massachusetts, the company's chief executive said in an interview. The Department of...Tags: Solar Energy, Economy, Business and Finance, Siemens, Energy, Long Island
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Editorial: Lawmakers are sinking Illinois. Example: Sen. Linda Holmes
At a meeting this week, House Speaker Michael Madigan urged Gov. Pat Quinn to help get pension reform out of the Senate. "Let me say it again: The best pension bill passed so far, and the one that does the most cost savings, is the House bill, and that'...
Tags: Economy, Business and Finance, Regional Authority, John J Cullerton, Tom Cross, Finance
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Quinn shifts gears again on pension reform
Clout StreetA frustrated Gov. Pat Quinn has once again changed strategies in his effort to get a pension reform bill on his desk as he acknowledged Friday he’s “prepared to do whatever necessary” to try to break a deadlock between his fellow...Tags: Springfield, John J Cullerton, Regional Authority, Politics, Justice System
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Farewell note found on body of Santa Monica gunman
ReutersLOS ANGELES (Reuters) - A three-page farewell note was found on the body of a California gunman who shot five people to death last week in Santa Monica, apologizing for killing his father and brother, who were among those slain, police said on Thursday....Tags: Crime, Law and Justice, Gun Control, Murder, Personal Weapon Control, Mental Illness
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Voice of the People, Jun. 15
Gay marriage As our legislators in Illinois struggle with gay marriage laws, I would like to offer some insights about gay people that may help to expedite the process. I am not gay, but the following are statements I firmly believe to be true: •...Tags: Government Health Care, 401K, Social Security, Chicago Marathon, Politics
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EU justice chief seeks answers on U.S. data spying
ReutersBRUSSELS (Reuters) - The European Union's chief justice official has written to the U.S. attorney general demanding an explanation for the collection of foreign nationals' data through its Prism spy program. In a letter seen by Reuters, the European...Tags: Data Protection, Crime, Law and Justice, Google Inc., Politics, International Organizations
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Chrysler to freeze U.S. salaried pension plans by December 31
ReutersDETROIT (Reuters) - Chrysler Group LLC, the U.S. automaker controlled by Italy's Fiat, will freeze its U.S. pension plans for some 8,000 white-collar workers hired before 2004 on December 31. Those employees will be shifted to a plan similar to a 401(k)...Tags: Auto Trends, General Motors Corp., Politics, Italy, Fiat S.p.A.
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Pension crisis decades long
It amazes me how quickly the Tribune rushes to castigate Democratic leaders in Springfield for the pension crisis. Why, in the editorial Friday, did the Tribune stop at 2003, when the pension crisis predated that by decades? The Tribune editorial...Tags: Government, James Robert Thompson, Politics, Pension and Welfare, Dwight D. Eisenhower
Jun 14, 2013
|Story| Chicago Tribune
Jun 13, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| McClatchy-Tribune
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Chicago Tribune
Jun 14, 2013
|Story| Chicago Tribune
Jun 13, 2013
|Story| Reuters
Jun 15, 2013
|Story| Chicago Tribune
Jun 12, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Chicago Tribune
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