| | Benefits & Administration | | Retired Americans Need More Savings | | Although the total percentage of adults surveyed
by the Robert Morris University Polling Institute who say they are “very” or
“somewhat” concerned about their financial security upon retirement has
decreased since February, the percentage saying they are “very” concerned
increased from 37.6% to 42.3%. Among the retired survey respondents, just 20%
say they have saved enough.Read more > | | SIFMA Speaks Out Against State-Run Retirement Plans | | The Securities Industry and Financial Markets
Association (SIFMA) says it is committed to increasing retirement plan coverage
for Americans; however, the creation of a state-run retirement plan for
private-sector employees is not the most effective way to do so. The group says
the private sector already offers a variety of retirement savings options,
including fairly priced 401(k) plans, 403(b) plans, 401(a) plans, 457(b) plans,
SIMPLE IRAs, SEP IRAs, and traditional IRAs. In a position statement, SIFMA
outlined problems it sees with the creation of state-run plans.Read more > |
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