A recent report finds that inequalities in access and eligibility for employer-sponsored retirement plans are contributing to persistent retirement savings gaps for Latinos. As a result, Latinos are falling even further behind in preparing for retirement. Only 31 percent of all working age Latinos participate in workplace retirement plans, resulting in a median retirement account …
We can restore long-term balance to Social Security
Image: mob rob via Flickr Creative Commons, https://flic.kr/p/6A1sdu The Washington Post recently penned a wolf-in-sheep's-clothing editorial purporting to "fix" Social Security by means-testing benefits. The Post calls it "progressive price indexing" but it amounts to the same thing -- and two Letters to the Editor call them out on it. The first is from Nancy …
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Your Social Security benefits were cut – here’s why you didn’t notice
Cutting Social Security benefits is widely (and rightly!) seen as a third rail of American politics. But Dean Baker of the Center for Economic and Policy Research points out that two relatively recent administrative changes have done just that. How? [The first reduction] takes the form of an increase in the age at which workers …
Continue reading Your Social Security benefits were cut – here’s why you didn’t notice