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U.S. Drops Further in Retirement Security Index
Headline: U.S. Drops Further in Retirement Security Index
Publication: 401k Specialist
Article Date: Sep 20, 2019
“The United States barely makes the top 20 in the latest retirement security rankings among developed countries, falling two spots to No. 18 in the latest Global Retirement Index, released Sept. 19 by Boston-based Natixis Investment Managers.” Read article…
Public Employees Being Asked to Bear More Pension Burden, Risks
Headline: Public Employees Being Asked to Bear More Pension Burden, Risks
Publication: Chief Investment Officer
Article Date: Sep 12, 2019
“The burden and risk of state pension plans are increasingly being shouldered by employees, according to the National Association of State Retirement Administrators (NASRA), which reported that more than 70% of US states raised rates for employee contributions in the past 10 years.” Read article…
Americans, behind in the race to build retirement savings, take steps to catch up
Headline: Americans, behind in the race to build retirement savings, take steps to catch up
Publication: USA Today
Article Date: Sep 23, 2019
“Americans are behind in the race to save enough for retirement, but they’re finally doing something about it, a new survey shows. Baby boomers are willing to scale back vacations. Generation Xers are poised to downsize homes. And millennials say they’ll hit downtown restaurants and clubs less often.” Read article…
Financial Advisors Wonder Why DOJ Wants To Quash New Retirement-Savings Plans
Headline: Advisors Wonder Why DOJ Wants To Quash New Retirement-Savings Plans
Publication: Financial Advisor
Article Date: Sep 20, 2019
“The U.S. Department of Justice is backing a lawsuit that seeks to invalidate the new California state retirement plan. The move is a head scratcher for many financial advisors, who say the CalSavers plan is not only creating future advisor clients who have well-funded retirement plans, but immediately provides an affordable, low-maintenance 401(k) option to employers, while forcing all employers with five or more employees to offer a plan by 2022.” Read article…
County adopts regional plan to bulk up services for seniors
Headline: County adopts regional plan to bulk up services for seniors
Publication: The San Diego Union-Tribune
Article Date: Oct 1, 2019
“County supervisors recently adopted a comprehensive regional plan, dubbed the “Aging Roadmap,” intended to meet the needs of older adults in the region and keep seniors in their homes as long as possible.” Read article…