Data and Research | April 26th, 2023 Aging Population, Higher Life Expectancy Put Pressure on Global Pension Systems The sustainability of public pension plans comes into question, as average life expectancy is projected to rise to 77.3 years...
Benefits | April 14th, 2023 Threat of Social Security Depletion Emphasizes Importance of HSAs, Proponents Say Because of rising health care costs and the predicted insolvency of Social Security, experts tout HSAs as a powerful tool...
Compliance | April 5th, 2023 Brainstorming on Social Security The Social Security trustees say that the OASI fund will become insolvent in 2033.
Benefits | March 31st, 2023 Social Security’s OASI Trust Fund Projected to Fall Short By 2033 The reserves for Social Security’s largest trust fund are expected to become depleted one year earlier than previously projected, the...
Data and Research | March 30th, 2023 Women Working With Financial Pros Show Higher Retirement Readiness According to a LIMRA study, women who work with a financial professional are more than twice as likely to have...
Benefits | March 28th, 2023 American Academy of Actuaries Launches ‘Social Security Challenge’ App Actuaries challenged users to develop their own reforms to eliminate the current Social Security fund shortfall.
Benefits | March 20th, 2023 Re-Examining the Default Retirement Age One of the most important retirement tools requires relevant data, such as anticipated retirement age, to be updated over time.
Compliance | March 10th, 2023 DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.
Compliance | March 8th, 2023 Paper Statements, Word Choices: Encouraging Later Social Security Claims Legislation proposed in the Senate seeks to reduce the number of seniors leaving Social Security benefits on the table by...
Compliance | March 3rd, 2023 Senators Brown and Collins Re-Introduce Social Security Fairness Act The bill, if passed, would repeal reductions in Social Security benefits paid to certain public pensioners.
Compliance | February 17th, 2023 Senators Sanders and Warren Introduce Social Security Expansion Act The bill, proposed this week, aims to make Social Security solvent for 75 years and to increase benefits, especially for...
Products | February 17th, 2023 Investment Product and Service Launches Vanguard plans merger and liquidation; WeBuy75.com launches an advanced life expectancy calculator; and more.
Data and Research | February 13th, 2023 Pre-Retirees Less Confident Their Retirement Income Will Last to Age 90 Confidence among pre-retirees that they will receive enough income from all their accumulated retirement sources to cover basic living expenses...
Participants | February 8th, 2023 Biden Uses Address to Pledge Support for Social Security, Medicare The president acknowledged pocketbook issues causing Americans financial stress and proposed legislation to address several in wide-ranging speech.
Data and Research | December 21st, 2022 CBO Forecasts 23% Social Security Shortfall by 2034 A bipartisan federal agency warns that workers may see a 23% reduction in promised Social Security benefits by 2034 if...
Data and Research | December 20th, 2022 Middle Income Retirees at Risk of Slipping into Poverty Report calls for legislation and policy changes to fix a retirement system it says mainly benefits high earners.
Data and Research | December 12th, 2022 Public-Sector Workers Face Retirement Income Shortfalls Without Supplemental Savings National Institute on Retirement Security research finds pension plans alone often don’t provide retirement income adequacy for state and local...
Benefits | December 7th, 2022 New Social Security Website Designed for Easier Use The new SSA.gov website seeks to help people access and consider this key source of retirement income.
Data and Research | October 30th, 2022 Needed Retirement Asset Expectations Are Higher in 2022 Workers expect they must accumulate higher savings amounts for retirement, according to a new report.
Data and Research | October 25th, 2022 GAO Study Highlights Increased Mortality of Impoverished Seniors The U.S. is more unequal than the other countries studied, low income and wealth are associated with higher mortality, and...