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• • September 25, 2019

  Financial Asset Inequality and Its Implications for Retirement Security

  A new research brief finds that financial asset inequality among Americans continues to increase, and the inequality is consistent across generations. This wealth inequality, combined with dangerously low retirement savings among most households, poses a significant threat to retirement for working Americans. The new analysis indicates that from 2004 to 2016, the share of financial […]

• • August 7, 2019

  Enduring Challenges: Examining the Experiences of States that Closed Pension Plans

  A new series of case studies finds that states that shifted new employees from defined benefit pensions to defined contribution or cash balance plans experienced increased costs for taxpayers, without major improvements in funding. The research also indicates that the move away from pensions cuts employees’ retirement security and that employers may face increasing challenges […]