Long time readers of Defined Benefit know that 401(k)-style defined contribution plans have largely failed working families. Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s, …
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A report released today finds that three-fourths of Americans- both Democrats and Republicans- are concerned about their ability to retire securely. Unfortunately, this lack of retirement preparedness affects some communities more profoundly than others. Black households earn significantly less income …
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It’s increasingly obvious that there is a retirement savings crisis in the United States. At any given time, half of working Americans don’t have access to a retirement savings plan through their employer. Even workers who do have an employer-sponsored …
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It’s the third week of October and that means it’s National Retirement Security Week! Formerly called “National Save for Retirement Week”, this week is intended to promote retirement savings to the American public. This week is established by a U.S. …
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Welcome to the latest edition of This Week in Pensions! As we do each week, 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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Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the top stories about pensions and retirement security. This is the news you need to know in the fight for a secure …
Read more