Gen Xers Profess Low Retirement Confidence, Concerns About Guaranteed Income
As many in the generation worry they cannot rely on Social Security or a pension for lifetime income, Gen Xers...
Tag: Social Security
Benefits |
The Retirement Income ‘Low-Hanging Fruit’ Option Open to Plan Sponsors
Plan sponsors and their retirement industry providers can take steps toward facilitating greater coordination and use of systematic withdrawals by...
PSNC 2023: Addressing In-Plan Annuity Reluctance
Employers are reluctant to incorporate annuities in-plan because they don’t feel the best options have come to market yet.
Retirement Racial Wealth Gap Disproportionately Impacts Black, Hispanic Americans
Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to...
Retirement Confidence Plummeted in 2023, EBRI Study Shows
Among current U.S. workers, retirement confidence fell by 9 percentage points, the largest drop since a 10-point slide in 2009.
Older Workers Need Employer, Govt Support to Retire, Experts Say
A panel hosted by EPI argues that older workers are stuck between retiring without enough money, or working beyond their...
Nearly Half of Women Lack Workplace Retirement Plan Access, Survey Shows
Low-income women are most at risk financially, and nearly two-thirds said they are not confident they have the information they...
Representative Massie Again Proposes Exemption for Social Security Income
Social Security benefits, which have been partially taxed since 1984, would be exempt once again if the Kentucky representative’s bill...
Republican Debt Ceiling Proposal Would Cut Means-Tested Programs, Student Loan Forgiveness
The proposal passed the House Wednesday and would slash spending on green energy and anti-poverty programs in exchange for lifting...
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 |
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...
Brainstorming on Social Security
The Social Security trustees say that the OASI fund will become insolvent in 2033.
Benefits |
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...
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 |
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 |
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.
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.
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...
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.
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...