In the News • November 15, 2017
Only about 50 percent of working American adults feel prepared to live comfortably in retirement. It’s a figure that remains relatively consistent across age groups, but each generation faces a retirement predicament of its own. We spoke to Jennifer Brown, manager of research at the National Institute on Retirement Security, who has quick advice for three generations on […]
In the News • October 28, 2017
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 […]
In the News • October 23, 2017
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.
In the News • August 14, 2017
According to the National Institute on Retirement Security, state and local pension-fund benefits in South Carolina support a total of $3.8 billion in economic output in the state and $2.1 billion in value added in the state. Each $1 in taxpayer contributions to South Carolina’s state and local pension plans supports $4.65 in total output in […]
In the News • August 14, 2017
Efforts to repeal and replace Obamacare have been suspended for the time being, and many Americans are breathing a sigh of relief. But Obamacare is far from safe, and the same is true for one of the key programs – Medicaid – that the law used to expand health care coverage for millions of Americans While many […]
In the News • August 11, 2017
How the GOP is quietly sabotaging retirement for millions 3:05 PM ET Fri, 11 Aug 2017 | 01:09 The nation is divided like never before. But there is at least one area where Americans agree. Across party lines, Americans are deeply worried about their economic security in retirement. Some 88 percent of Republicans and 92 percent […]
In the News • August 5, 2017
There’s something haywire about how women are expected to crunch our most celebrated achievements into a timetable that frequently lasts fewer than 20 years. Find a partner. Raise some chicks. Zoom to the top of your field. Check each box by 50. We may mistake this Acela for our life until it whooshes past, stranding […]
In the News • August 1, 2017
This July, Oregon became the first to offer a retirement plan to full- and part-time private-sector workers who don’t have access to one through their employer. Eight other states — California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Vermont and Washington — are implementing similar plans that should reach full rollout within the next five years. […]
In the News • July 24, 2017
After many fits and false starts to pension reform, Pennsylvania’s governor has a signed a measure that establishes a hybrid defined benefit/defined contribution plan for new state employees. Although some industry observers believe the new law is a step in the right direction, several others said the switch to a hybrid DB/DC plan does little […]