Tag: retirement system
Introduction While Social Security provides those ages 62 and older with a predictable stream of income, most households need other resources as well for a secure retirement. The bulk of these other resources come from employer-sponsored retirement plans, although more affluent households may save additional amounts on their own. With the shift from traditional defined…
New study helps clarify the challenge of counting the uncovered. In my view, the lack of continuous coverage under a workplace retirement plan is the most serious problem with our nation’s retirement system. The result is that many end up with no retirement savings other than Social Security and others, who weave in and out…
