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Retirement Now More Scary than Death

More and more older Americans are reaching retirement age without enough money to survive in the way they would prefer, according to multiple surveys and studies. Is there anything Congress can do? Or,...

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American Workers Draining Their 401(k)s Should Rethink Retirement Accounts

More than 30 years ago, Congress created 401(k) plans as a way for employers to encourage their workforce to save for retirement. Since then, 401(k) and other employer-funded, defined contribution (DC)...

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Obama Wants to Cut Social Security By Changing Benefit Calculation

Last week, President Obama submitted to Congress his version of a federal budget for the 2014 fiscal year. And soon, like the half-dozen other budget proposals that have been introduced by, and then...

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