In July, we wrote about ProPublica’s series exposing that the ultra-rich are using Roth IRAs as a tax-free piggy bank. In the original reporting and blog post below, you’ll see that wealthy businessman Peter Thiel has a Roth IRA with …
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The dream of a secure retirement is out of reach for most Americans. Fifty-seven percent of workers do not have anything saved for retirement. Voters across party lines overwhelmingly agree that the nation faces a retirement security crisis. However, the …
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Retirement experts estimate that a worker will typically need to save at least $1 million to maintain their standard of living in retirement. However, many are far from meeting that goal. According to the Federal Reserve, 25% of U.S. adults …
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The coronavirus-induced economic crisis has devastated many parts of our economy this year, including state and local governments’ budgets that provide essential services like public safety, education, and nursing. In today’s blog, we will take a deeper look at how …
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Welcome to this month’s first edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories …
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Last month, Truth in Accounting (an organization with ties to groups that attack public workers’ retirement security) published a misleading report titled “Financial State of the States” which grades states based on their supposed fiscal health. The report deceptively cites …
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