Social Security
Social Security Reform Requires A Dual-Track Approach for Retirees and Future Workers
Proposals focus on recalibrating the program’s benefit formulas and exploring new contribution models to secure future solvency. Proponents argue that modernizing these aspects will help the program adapt to longer life spans and changing economic conditions without sacrificing current commitments.
Will Extending Tax Cuts Cost Retirement Savers?
Ironically, while some see lowering the savings limit as politically palatable because it impacts only a small segment of the population, that same fact reduces the effect of such a policy shift.
Is The DOL’s New Lost And Found Database Worth It Or Just A New 401k Plan Sponsor Chore?
The fact Social Security was already collecting this information, albeit not in a database, raises the question of whether this new lost and found database will add any real value.
Baby Boomers, The Laffer Curve, And The Presidential Election
Laffer postulated that tax receipts might be increased by reductions in the tax rate because such reductions would bring people out of the underground economy and also reduce the usage of tax shelters. This advice was implemented in President Ronald Reagan’s “Reaganomics,” and it worked to increase tax revenues.
2024 Presidential Promises And Retirement Plans
Now that the conventions are over, it’s time to analyze policy positions. We have a Presidential election coming up that may have an impact on retirement savings. What might the impact be based on known policy positions? This would seem a bit of an uphill battle since one candidate hasn’t disclosed all her positions at […] Read Full Article
The Irony Of Taxing 401k Plans To Save Social Security
Worse, if the “alternatives” alluded to by the paper entail government backed programs like Social Security, this could have a debilitating impact on encouraging people to be responsible for funding their own retirement.
How Do 401k Plan Sponsors Convince Middle-Class Workers They Can Retire?
Of course, to really answer the question of post-retirement middle class stability, we have to understand what “middle class” means. Luckily, there are folks who collect data, which helps with this definition.
The Impact Of Working Retirees And The Appropriate Way 401k Plan Sponsors Should Respond To Them
From an employer perspective, it’s not just about the 401k plan. There are greater realities that must be dealt with. Different firms, however, will find distinct—and differing—realities.
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