Archive: Yimeng Yin
The release of the Federal Reserve’s 2022 Survey of Consumer Finances offers an opportunity to reassess Americans’ retirement preparedness as measured by the National Retirement Risk Index (NRRI). The NRRI estimates the share of American households that are at risk of being unable to maintain their pre-retirement standard of living in retirement…
Enthusiasm seems to be growing to reopen – or at least to stop closing and freezing – defined benefit retirement plans. The impetus comes from a more benign regulatory environment and the improved funded status of these plans, even before the recent rise in interest rates. Reopening plans allows employers to use surplus assets…
