Tag: Alaska
Too many retirees of color are in the financially precarious state between outright poverty and barely getting by. Far larger shares of the nation’s Latino, Black, Asian, and Native American retirees are financially insecure than Whites, according to a new report confirming the now-familiar racial disparities that face both workers and retirees in this country…
The federal tax code offers a nifty tax credit to low-income workers who save for retirement. If only it reached more people. The Saver’s Credit offers what appears on its face to be a strong incentive: the IRS will return up to 50 percent of the amount low-income workers and married couples put into a…