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| Benefits & Administration |
| GAO Says More Knowledge Could Improve Social Security Decisions |
| The agency found a lack of understanding about Social Security benefits by many individuals and that claimants were not consistently provided key information that people may need to make well-informed decisions. It offered recommendations to the Social Security Administration.Read more > |
| Americans Unfamiliar With Annuities |
| Fifty-eight percent of Americans say they are confident they have enough saved to last through retirement, but less than half know the value of their retirement account. Just 35% know what they can expect in monthly income, the TIAA 2016 Lifetime Income Survey found. TIAA says annuities could make up for savers’ false expectations about their retirement readiness.Read more > |
