When the benefits adviser Ted Benna first thought up a new type of employee savings plan in 1980, the client he created it for rejected the idea as too risky. After all, no one had previously used the unremarkable section of the tax code called 401(k) to defer paying taxes on money that rank-and-file workers […]
Date: October, 2017
Findings Debunk Inaccurate & Misleading Assertions about Teacher Pensions Webinar on Thursday, October 26th at 11:00 AM ET WASHINGTON, D.C., October 26, 2017 – A new report finds that defined benefit (DB) teacher pension plans work for both schools and teachers, and that there are important policy reasons to continue offering these retirement plans. The research […]
Retirement crisis: 401(k) plans may be safe for now, but that does not change the fact that many Americans have little save for their later years. Read the full transcript.