Tag: retirement
Here’s just some of the evidence of the enormity of the challenge of caring for our elderly parents: One in three baby boomer women cares for an elderly parent. Even if they work, these caregivers devote anywhere from eight to 30 hours per week to that parent. The estimated value of informal senior care provided…
The brief’s key findings are: Today’s workers must save on their own for a secure retirement, so researchers have examined existing options for encouraging them. Tax incentives: recent research suggests that increasing the generosity of tax incentives for 401(k)s and IRAs would not significantly increase saving. 401(k) design: auto-enrollment has boosted participation, but, to date,…
