GAO: Congress Should Examine U.S. Retirement System

A recent report published by the U.S. Government Accountability Office (GAO) concludes that retirement security for Americans is on shaky ground and recommends Congress do something about it.

Tagged 401(k), congress, pensions, Retirement Security, Savings

Are You Planning to Work Until You Die?

 

 

The September 30th Washington Post article, The New Reality of Old Age in America, by Mary Jordan and Kevin Sullivan is an eye-opening look at the state of senior citizens in the United States. The main takeaway from this piece: the days of retiring after a career of work with a gold watch and secure lifetime income are over for many Americans. The new reality is one where Social Security is the primary source of income with a full or part-time job as a supplement, forcing individuals to live out their remaining days near the poverty line.

Tagged Defending Pensions, 401(k), pensions, three legged stool

It’s Official: The U.S. Retirement Crisis is Real

Tagged 401(k), Crisis, Employers, Members, National Institute on Retirement Security, pensions, Prospective Members, reitrement, Retirees, State Retirement Savings Plans

Response to Forbes Opinion: 401(k)s Are Not the Solution

Tagged Defending Pensions, Defined Benefit, 401(k), Defined Contribution, Employers, Members, Prospective Members, Retirees, Savings

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