More Middle- to High-Income College Students Graduate With Debt
In 2012, 62% of students from upper-middle income households left college with debt — two decades ago, that number was 34%.
Frustrated States Push to Fill Small-Business Retirement Gap
Seventeen states are at some stage of legislating state-administered plans that hope to deliver retirement plan access to small employers.
Top 5 Issues Reshaping Retirement Planning in 2014
These are the biggest forces shaping the new reality of retirement. Be prepared.
GOP Jumps on Minimum Wage Job-Loss Report
The CBO report said boosting the minimum wage may cost as many as 500,000 people their jobs.
After MyRA Unveiling, Obama Still Gets Mixed Reviews on Retirement
Attempt to widen retirement account access gets praise, but Obama draws fire for saying savings incentives in the tax code neglect the middle class.
AICPA Attacks DOL Fiduciary Plan’s ESOP Language
AICPA urges lawmakers to support bills that would ensure independent appraisers of ESOP are not designated as fiduciaries.
Sen. Harkin Floats Bill to Help Charities, Co-Ops Offer Pensions
Sen. Tom Harkin, D-Iowa, chairman of the Senate Health Education Labor & Pensions (HELP) Committee, introduced legislation Tuesday that would make it easier for charities and cooperatives to continue to offer pensions to their employees.
Alicia Munnell: Make 401(k) Auto-Enrollment Mandatory
Seven years after Congress encouraged employers to auto-enroll workers in 401(k)s, “the retirement fix has run out of steam,” the Center for Retirement Research says.
Median Retirement Balance Is $3,000 for All Working-Age Households
For households near retirement, the news is worse – the median balance is just $12,000, according to a research report from The National Institute for Retirement Security.
Brighter Market Doesn’t Ease Retirement Worries: Survey
Americans are “highly anxious” about their retirement prospects, a report from the National Institute on Retirement Security found.