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This year’s Social Security Trustees Report has taken a major step towards offering a more realistic assessment of Social Security’s financial status. Unfortunately, the Trustees “offsetting” assumptions mask the full impact of their important changes…

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Over two-thirds of U.S. private sector workers have access to a 401(k) or similar employer-sponsored retirement plan; and over four-fifths of these plans offer an employer “match” – an additional contribution that depends on how much the employee saves…

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I recently toured Opus, an inspiring new senior living development in Newton, Massachusetts, and then had a conversation with its...

Social Security card on top of paystub showing federal tax deductions

It might be nice to reduce the large share of benefits going to high earners who retire later and live...

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At a time when affordability is the political watchword, the burden of out-of-pocket (OOP) health spending is a key measure of retirement well-being. OOP costs include all premiums and cost sharing related to Medicare and supplemental plans, and the full cost of services not covered by these plans…

Economics 101 teaches that it is a bad idea to design taxes that distort behavior. Yet the “No Tax on Overtime” provision in the One Big Beautiful Bill Act (OBBBA) – which is in effect from January 1, 2025 to December 31, 2028 – could cause behavior to change in two ways…

State and local government workers have traditionally had defined benefit (DB) pensions that insulate them from the stock market and ensure that they do not outlive their savings. Funding these plans, however, has become burdensome for many governments, with costs rising dramatically in the immediate wake of the 2008 financial crisis and continuing to grow…

CRR IN THE NEWS

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Could investing in the stock market right the Social Security ship? A new report from the Center for Retirement Research ran the numbers. 

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THE NEW YORK TIMES

People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market.