Tag: retirement income security
At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan. As a result, roughly one-third of households end up completely reliant on Social Security at retirement, while others move in and out of coverage throughout their careers and end up with only modest balances in a…
Is there really a free lunch? Repeated copies of a proposal called RISE – Retirement Income Security for Everyone – have arrived in my email, accompanied by endorsements from some serious people. After the third or fourth missile, I felt compelled to take a closer look. The proposal supposedly would eliminate poverty and income inequality…