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How demographics and recent tax laws are squeezing Social Security. This year’s Social Security Trustees Report took a major step towards offering a more realistic assessment of Social Security’s financial status as the Trustees recognized that the fertility rate is not likely to rebound and that lower immigration and the GOP tax law known as…
The Trump administration wants more annuities in your 401(k). Here is why it might be a mixed bag. When economists say that they have a puzzle, they don’t mean the kind with 1,000 pieces. Instead, economists are puzzled by things that don’t line up with their theories of how the world should work. One prominent…
