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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…

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Even the best-laid plans can go awry.  Retirees face the risk of a large healthcare spending shock for medical or long-term care (LTC) either because their health insurance involves significant cost sharing or because they lack insurance entirely in the case of LTC…

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With its fate hanging in the balance, it’s a good time to remember the Consumer Financial Protection Bureau arose out...

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Misperceptions of long-term care needs and costs are cause for concern. Households approaching retirement face a wide variety of risks...

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The medium- and long-term effects of the COVID-19 pandemic are of continued interest to policymakers, advocates, and academics.  Given the importance of health in decisions to work, earn, and eventually claim OASI benefits, COVID may have long-term effects on programs SSA administers even well after the official end of the pandemic…

One aspect of the pandemic that has persisted is the increased relevance of remote work.  This shift could help older people with disabilities, who might otherwise find it hard to get or keep jobs.  Indeed, this group has a higher employment rate post-pandemic than pre-pandemic…

Many who are familiar with state and local government finances are concerned that rising pension contributions could be crowding out important government services. And, some academic literature does find that higher pension contributions are associated with reduced employment in local governments and school districts. The issue is particularly acute for school districts, which must maintain…

CRR IN THE NEWS

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New research examines how assets in IRAs have shifted over the years, and whether the vehicles are still serving their intended purpose.

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RETHINKING65

If your conversations about long-term-care costs and risks aren’t candid enough, you may not be getting through to clients.