New state retirement plans are welcome, but why so expensive?

Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k). Eight other states are getting ready to launch state-sponsored auto-IRA programs, and it is an idea whose time has come. Fewer employees have access to workplace retirement […]

Age discrimination persists 50 years after anti-bias law’s passage

Imagine a time when employers hung out a sign that effectively told job seekers, “People over 55 need not apply.” That was the U.S. job market in the 1960s, when more than half of private-sector job openings explicitly barred older applicants, and one quarter even refused to look at applicants over age 45, according to […]

For Republicans, tax reform math hinges on cutting Medicare

Retirement savers dodged a speeding train last week when Republican lawmakers racing toward tax reform dropped their plan to sharply reduce allowable tax-deferred contributions to 401(k) plans. That idea is off the table – at least for now. But listen carefully and you can hear the whistle blowing on another train barreling down the tracks. […]

Report card on aging nations gives U.S. mixed grades

Which nations are doing the best job adapting to their aging populations? Japan has the healthiest seniors. Spain gets top marks for supportive relatives and friends. In Norway, income inequality among older people is the lowest in the world. How about the U.S.? A new global aging index places the U.S. among the top five […]

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How Social Security Disability Insurance Works

Most people think of Social Security as a retirement benefit, and that's understandable. Among the 61 million Americans receiving Social Security at the end of 2016, 68%--44.3 million ... [Continue Reading]

Latest RR Posts

New state retirement plans are welcome, but why so expensive?

Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k). Eight other states are getting ready to launch state-sponsored auto-IRA programs, and it is an idea whose time has come. Fewer employees have access to workplace retirement […]

How Social Security Disability Insurance Works

Most people think of Social Security as a retirement benefit, and that’s understandable. Among the 61 million Americans receiving Social Security at the end of 2016, 68%–44.3 million people–were retired. But Social Security’s broad aim is to protect against the risk of lost income from work. The income loss might be due to retirement, disability, […]

Hiding in plain sight: Republicans sharpen knives for retirement program cuts

Traditionally, U.S. politicians avoid talking about cutting Social Security and Medicare close to election time. Midterm elections are around the corner, but Republicans are making no secret of their plans to go after these critical retirement programs. It is the flip side of their plan to expand the federal deficit by $1.5 trillion through tax […]