Online Trading Academy Helps Near-Retirees Fill Gap Between Pensions and Retirement
The Global Investing and Trading Education Company (www.tradingacademy.com) Educates Individuals on How to Manage their Portfolio for a Rewarding Retirement
Irvine, CA, July 18, 2012 - Online Trading Academy strives to help employees who may be affected by the proposed pension reforms to take action and handle their finances through education and understanding so they can secure a stable and fruitful retirement.
According to a recent Reuter’s article and Pew study, the state workers’ pension gap was at $757 billion in 2010. States such as Pennsylvania admitted to neglecting to pay the full amount that was recommended to put into its retirement system between 2005 and 2010. Pennsylvania itself was at a $25 billion gap by 2010. Many states are trying to act fast in devising their reform plans on time for the November ballot. In California, Governor Jerry Brown has three important features to his 12-point pension reform plan are as follows: require all public employees to pay half the cost of their retirement plans; require future employees to share the risks associated with their plans with tax payers; and tying state and local retirement ages to federal retirement ages. Also in California, the Senate passed the California Secure Choice Retirement Savings Trust Act for the private-sector, which would require businesses with more than five employees to enroll in a new personal pension defined benefit retirement plan unless they already have one in place. Connecticut is considering a similar state-administered retirement plan for small businesses.
“Now is a better time than ever for employees to build, manage and grow their nest egg,” said Eyal Shahar, Founder and President of Online Trading Academy. “It is time for employees to take action and no longer rely on their employers to handle their retirement savings.”
Students at Online Trading Academy receive an education on how to create a plan to help them time the markets and more effectively manage their money. Many students have leveraged their education to protect their assets and generate income. The foundational Pro Trader course provides the essentials understanding of what it takes to make money in the financial markets to help traders and investors to better manage their assets.
About Online Trading Academy
Online Trading Academy helps their students by revealing the truth about what it takes to become a successful trader or investor. Their core strategy enables traders to identify market turning points before they happen, with a high degree of accuracy. Students learn under the guidance of experienced professional traders in a hands-on, learn-by-doing classroom setting. In the Professional Trader course, students learn trading skills and then practice trading live, in the classroom, without paying commissions or risking their own capital by using Online Trading Academy’s money. With over 30,000 graduates, Online Trading Academy offers professional instruction from experienced Wall Street professionals, as well as a wide array of beneficial home study materials to supplement classroom study. Online Trading Academy locations include Phoenix, Irvine, Los Angeles, San Jose, Denver, Orlando, Tampa, Fort Lauderdale, Atlanta, Chicago, Kansas City, Boston, Baltimore, Detroit, Minneapolis, New York City, Secaucus, Charlotte, Philadelphia, Austin, Dallas, Houston, Seattle, Washington D.C., Milwaukee, Dubai, London, Singapore, Mumbai, Vancouver and Toronto. For more information, visit www.tradingacademy.com.