Woodstock in the News
By Alana Semuels
CHICAGO—When he moved back to Chicago after being away for 15 years, Maurice Samuels, 40, never thought he’d live in Woodlawn. He grew up in the area on the South Side of Chicago, and remembered its deterioration well. When he left in his twenties, Woodlawn "used to be run down," he said. There were vacant homes and walking around, he said, you didn't feel safe.
Illinois just became the first U.S. state to adopt a new approach to a big problem in the nation's retirement saving system: the lack of workplace saving options for low-income workers.
By Mary Ellen Podmolik
Tanis Group Realty's quarterly bus tours of foreclosed homes for sale still draw a big crowd of potential buyers but the pickings just aren't what they once were and the prices tend to be higher.
By Lisa Kaplan Gordon
If you live in Illinois, saving for retirement is no longer just a good idea, it's automatic.
By Tori Latham
Gov. Pat Quinn signed into law Sunday a bill sponsored by state Sen. Daniel Biss (D-Evanston) establishing a savings program to help Illinois residents prepare for retirement.
Outgoing Illinois Gov. Pat Quinn signed legislation Sunday that will expand access to employment-based retirement savings accounts for more than 2 million private-sector workers in the state.
By Aimee Picchi
One of the major dilemmas facing America is how to fund the retirements of today's workers, especially when four out of 10 haven't even started saving.
By Jennie L. Phipps
Illinois has just adopted a unique plan to get its residents to invest for retirement -- automatic enrollment in a savings program for private-sector workers whose employer doesn't offer a 401(k) or similar plan.