General Information About Retirement Highlights:
Why Pensions Are Important
Income of Today’s Older Adults
How many American workers participate in workplace retirement plans?
The Latest on General Information About Retirement:
Uptick in Withdrawals Exposes the Inadequacy of Do-It-Yourself Retirement
For decades, employers have been steadily ridding themselves of the responsibility of funding and making payments to traditional defined benefit pensions in favor of 401(k)-type defined contribution plans. But are these individual account retirement savings plans providing sufficient retirement income for most Americans? For millions of workers, that answer is “No.” A survey of individuals […]
Speech by Karen Friedman at the ARA Retiree Security Symposium
Karen Friedman, Executive Director of the PRC, gave a speech to attendees at the 2023 ARA Retiree Security Symposium in Washington, D.C. on October 17th. You can read her comments here.
Forbes: Transferring Your 401(k) To An IRA? 5 Things You You Need To Know To Avoid Getting Burned
Trillions of dollars in 401(k) assets are on the move as employees retire or change jobs. It’s not difficult to transfer these funds, but there’s a lot you need to know to avoid getting fleeced.
NYT: Why Some Ex-Workers at Bed Bath & Beyond Face 401(k) Losses
Federal law generally protects retirement savings when a company files for bankruptcy. But that’s not always the case.
CNN: Traditional pension plans are pretty rare. But here’s who still has them and how they work
The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike. But for most private-sector US workers, pensions disappeared long ago.
Barbienomics: from panacea to real world poverty
By Karen Friedman I joined the throngs of people who flocked to see the monumentally popular movie, Barbie. I dressed up in hot pink from head to toe – because I can’t resist any opportunity for theatricality and a fun community event (which won’t surprise anyone who has been to our fundraising galas). My younger […]
