Clearing a Path for State-based Retirement Plans

What’s the number one way that workers save for retirement? Job-based 401(k) plans, which provide a vehicle for workers to put aside pre-tax dollars that are often matched by their employers. About one-third of American workers lack access to a retirement plan at work. While workers without access to a workplace plan can save on […]

Democrats Call for Major Change in Social Security

In a move that may turn out to be politically shrewd but will almost certainly turn out to be practically ineffective, 70 Democrats on Sunday delivered a letter to the White House urging President Obama, in the vaguest of possible language, to “expand Social Security benefits for millions of Americans.” “As employers continue moving from […]

You may intend to keep working. But life may say otherwise.

A third of Americans expect to work at least until age 65. Another 10 percent don’t plan to retire at all. Many don’t think they’ve saved enough money. And baby boomers are redefining retirement and must keep busy to stay happy — especially if many expect to live into their 80s and 90s. But they […]