Archive: Nilufer Gok
Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement in a tax-advantaged account. Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct contributions…
Many older adults will require some degree of long-term care (LTC) later in life, with more than half needing more intensive support, often for an extended period. The resources required to meet such high-intensity, long-duration LTC needs – provided by family members or through paid formal care – can be substantial. This paper addresses t…
