Tag: Congress
![the words lost and found with an arrow on a black background](https://crr.bc.edu/wp-content/uploads/2020/07/Lost-and-found-art.jpg.webp)
When COVID-19 throws people out of work, their chances of retiring comfortably can deteriorate rapidly. What better time to find a new way to help? A perennial proposal just reintroduced in Congress would do some good: establish an online database of employer retirement plans so workers and retirees can locate old pensions and 401(k) accounts…
![United States Capitol in Washington DC](https://crr.bc.edu/wp-content/uploads/2020/04/United-States-Capitol-in-Washington-DC-1536x1024.jpeg.webp)
Maintaining the continuity of employment should be a major goal. Before I say anything, let me be clear about my view of the world. At the end of 2019, according to the Federal Reserve, households held $127 trillion in assets and $16 trillion in debt, for a net worth of $111 trillion. Of course, that…