Tag: retirement income
New bill requiring 401(k) income projections is a good idea. Very little is happening on Capitol Hill with regard to retirement. Hence, I’m always delighted to find a piece of legislation – big or small – that moves the system in the right direction. The Retirement Enhancement and Savings Act of 2018, a bundle of…
This dependency needs to be part of any discussion about the program’s future. For decades, the Social Security Administration has put out reports showing the percentage of household income attributable to Social Security. In recent years, some analysts have criticized the reliance of these estimates on data from the Current Population Survey (CPS). Studies hav…