August 20, 2018

Income Inequality Causes Retirement Inequality

The goal of a retirement savings plan, like a pension, is to replace a certain amount of pre-retirement income during retirement. In earlier periods of American history, many elderly citizens spent their last years in desperate poverty with little savings …

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August 17, 2018

This Week in Pensions: August 17, 2018

Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the …

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August 16, 2018

More Americans Are Going Bankrupt in Retirement

The move away from pensions and toward 401(k)s has gutted retirement security for many Americans. Defined contribution plans, like 401(k)s, are risky and unreliable and disproportionately benefit the wealthy. An increasing number of Americans are entering their golden years with …

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August 13, 2018

Kentucky’s Cash Balance Plan Fails Teachers

We’ve written many times about the rushed and potentially unconstitutional process Kentucky legislators used to pass SB 151, the stinking anti-pension bill. While the battle is still playing out in the courts over whether the bill was passed constitutionally, we …

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August 10, 2018

This Week in Pensions: August 10, 2018

Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the …

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August 9, 2018

How Women Miss Out on Retirement Savings

Women are more likely than men to be in poverty during retirement. There are multiple causes for this. Women live longer than men, so they simply have more years of retirement to finance. Also, women typically have less in retirement …

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