Social Security Board Revises Depletion Date, Calls for Congressional Action
The Social Security OASI Trust Fund is projected to become depleted in late 2034, as compared to last year’s estimate of early 2035.
Tag: Social Security
‘New Social Contract for Retirement Is Needed’
A survey finds that to prevent future retirees from challenges, governments and employers will have to step up to the plate.
Trust in Social Security Falters in 2018 Planning & Progress Study
About one in three Americans have less than $5,000 in retirement savings, and one in five have no individual private retirement savings at all, according to a new...
Americans on Track to Replace 64% of Income in Retirement
Participants who work with a traditional or online adviser are on track to replace 116% of their income. Those working with any paid adviser, 91%, and those with...
Americans’ Lack of Social Security Knowledge Shows
Tina Ambrozy, president of sales and distribution at Nationwide, warns of a major disconnect between what consumers think their Social Security benefit will be—and what this amount will...
Most Women Worried About Life in Retirement
Only 25% expect life to be better in retirement, Nationwide found in a survey.
Social Security Optimization Can Extend Retirement Portfolios by a Decade
In an exclusive interview with Bill Meyer, founder and managing principal of Social Security Solutions in Leawood, Kansas, PLANADVISER hears about some serious shortcomings in the conventional thinking...
Two Thirds of Millennials Have No Retirement Savings
Only one-third are participating in their retirement plan
Manning & Napier Updates Social Security, Medicare Guides
Updates to the firm’s Social Security and Medicare guides, among other publications, aim to help individuals and employers make the best decisions when it comes to maximizing and...
Campaign Waged to Raise Awareness of Retirement Savings
The Bipartisan Policy Center and Ric Edelman announce the launch of “Funding Our Future: A Campaign for America’s Retirement Security.”
Millennials’ Retirement Prospects Are Challenging
They earn less than older generations, are less likely to participate in a retirement plan, and will have to contend with longer life spans and rising health care...
Stanford Center for Longevity Proposes New Strategy for Retirement Income
While the researchers say advisers may need to modify their business models slightly, the strategy uses existing resources and capabilities plan sponsors and providers have.
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State Street Calls for New Policies
The firm suggests deferring Social Security payments