In the News • August 14, 2017
According to the National Institute on Retirement Security, state and local pension-fund benefits in South Carolina support a total of $3.8 billion in economic output in the state and $2.1 billion in value added in the state. Each $1 in taxpayer contributions to South Carolina’s state and local pension plans supports $4.65 in total output in […]
In the News • August 14, 2017
Efforts to repeal and replace Obamacare have been suspended for the time being, and many Americans are breathing a sigh of relief. But Obamacare is far from safe, and the same is true for one of the key programs – Medicaid – that the law used to expand health care coverage for millions of Americans While many […]
In the News • August 11, 2017
How the GOP is quietly sabotaging retirement for millions 3:05 PM ET Fri, 11 Aug 2017 | 01:09 The nation is divided like never before. But there is at least one area where Americans agree. Across party lines, Americans are deeply worried about their economic security in retirement. Some 88 percent of Republicans and 92 percent […]
In the News • August 5, 2017
There’s something haywire about how women are expected to crunch our most celebrated achievements into a timetable that frequently lasts fewer than 20 years. Find a partner. Raise some chicks. Zoom to the top of your field. Check each box by 50. We may mistake this Acela for our life until it whooshes past, stranding […]
In the News • August 1, 2017
This July, Oregon became the first to offer a retirement plan to full- and part-time private-sector workers who don’t have access to one through their employer. Eight other states — California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Vermont and Washington — are implementing similar plans that should reach full rollout within the next five years. […]
In the News • July 24, 2017
After many fits and false starts to pension reform, Pennsylvania’s governor has a signed a measure that establishes a hybrid defined benefit/defined contribution plan for new state employees. Although some industry observers believe the new law is a step in the right direction, several others said the switch to a hybrid DB/DC plan does little […]
In the News • July 22, 2017
Women face a lot of unique hurdles when it comes to planning for their retirement, and understanding and managing them accordingly can make all the difference between a comfortable retirement and barely scraping by. In this episode of Motley Fool Answers Opens a New Window., hosts Alison Southwick and Robert Brokamp go over the six biggest headwinds […]
In the News • July 19, 2017
Among the leading nations for retirement security, the United States didn’t even crack the top 15, according to the 2017 Global Retirement Index by Natixis Global Asset Management. Europe, however, continued to dominate the top spots, with Norway at No. 1 for the second year in a row, followed by Switzerland and Iceland. Sweden ranked […]
In the News • June 21, 2017
Bank Investment Consultant reports on the new NIRS research, stating that when left unaddressed, the gap in retirement savings could lead to a diminished quality of life for many older Americans and create severe pressure on social services and the social safety net. Read the article here.