BRIEFCASE GEN X'ERS SAVING LESS FOR OLD AGE.Byline: - Staff and Wire Services Generation X workers significantly reduced their participation in retirement plans last year and are less confident than last year about achieving a comfortable retirement, a new survey shows. The survey of small business-employees, conducted by Harris Interactive Harris Interactive (NASDAQ: HPOL) is an American market research company that specializes in public opinion research using both telephone and surveys on online panels. The company is the product of a 1996 merger between the Gordon S. Black Company and Louis Harris & Associates. for the Transamerica Center for Retirement Studies, found that nearly seven in 10 Gen X'ers began saving for retirement before age 25. By comparison, only three in 10 of their older baby boomer baby boomer also ba·by-boom·er n. A member of a baby-boom generation. Noun 1. baby boomer - a member of the baby boom generation in the 1950s; "they expanded the schools for a generation of baby boomers" boomer counterparts said they had started retirement savings before age 26. Gen X'ers are those who are currently between ages 25 and 38; baby boomers See generation X. are between 39 and 58 years old. Graul unit chief of Public Storage GLENDALE - Public Storage Inc. announced Tuesday that John E. Graul joined the company as president of its self-storage operations, with overall responsibility for the company's multistate mul·ti·state adj. Of, relating to, or involving several states: a multistate environmental campaign. national operations. Graul was formerly vice president and general manager of McDonalds Corp.'s Pacific Sierra Region, which covers primarily Northern and Central California Central California can refer to one of several divisions or regions of the U.S state of California:
Tax ruling to cost state $650 million SACRAMENTO - A federal court tax ruling will cost the state about $650 million over the next five years, officials said Tuesday, exacerbating ex·ac·er·bate tr.v. ex·ac·er·bat·ed, ex·ac·er·bat·ing, ex·ac·er·bates To increase the severity, violence, or bitterness of; aggravate: California's already troubled budget outlook. The U.S. Supreme Court refused Monday to overturn a lower court's ruling that the state was unfairly providing a tax break to some California-based corporations at the expense of companies based elsewhere. Between 1,000 and 2,000 companies could be due refunds, including Microsoft Corp. and Hewlett-Packard Co. |
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