Survey: Americans are stressed out
Consumer Reports polled 1,000 U.S. households and found that more Americans are feeling stressed today than at any time since September 2009.
americans
A New Idea to Fix the Retirement-Savings Crisis
The retirement-savings crisis in America is so acute that at least one prominent thinker on the subject is calling for a mandatory savings program above and beyond existing 401(k) and other pension plans. “The nation requires a new, mandatory tier of retirement accounts, initiated by the federal government but managed by the private sector, that will replace about 20% of preretirement earnings,” Alicia Munnell, director of the Center for Retirement Research at Boston College, told Bloomberg News. Munnell is a former Treasury official and former member of the President’s Council of Economic Advisers. Her voice carries a lot of weight on pension matters, and her comments seem to open the door to a back-to-the-future kind of pension system. Along with a new, additional type of savings program, Munnell wants to delay Social Security payments “a few years longer” and encourage people to stay at work to age 68 or 69 or later. She’d like to see 401(k) plans reworked so that autoenrollment ...
alicia
america
americans
autoenrollment
autoescalation
bloomberg
boston
center
comments
contributions
council
government
munnell
nation
opportunity
payments
pension
piecing
preretirement
president
retirement
securities
treasury
A New Idea to Fix the Retirement Savings Crisis
The retirement savings crisis in America is so acute that at least one prominent thinker on the subject is calling for a mandatory savings program above and beyond existing 401(k) and other pension plans. “The nation requires a new, mandatory tier of retirement accounts, initiated by the federal government but managed by the private sector, that will replace about 20% of pre-retirement earnings,” Alicia Munnell, director of the Center for Retirement Research at Boston College, told Bloomberg News. Munnell is a former Treasury official and former member of the President’s Council of Economic Advisers. Her voice carries a lot of weight on pension matters, and her comments seem to open the door to a back-to-the-future kind of pension system. Along with a new, additional type of savings program, Munnell wants to delay Social Security payments “a few years longer” and encourage people to stay at work to age 68 or 69 or later. She’d like to see 401(k) plans reworked so that auto-enrollment ...
alicia
america
americans
bloomberg
boston
center
comments
contributions
council
government
munnell
nation
opportunity
payments
pension
piecing
president
retirement
securities
treasury
Fewer Americans Fall Behind on Debt
Daily Business Memo: Despite high unemployment and slow economic growth, here’s one clear sign of improvement for many consumers. Fewer Americans are falling behind on home auto and credit card payments. Consumer default rates dropped in March. “The first quarter of 2013 shows healthy consumer...
americans
business memo
daily
improvement
payments
unemployment
Swiss government mulling solution to U.S. tax dispute
ZURICH - The Swiss government is considering a possible solution to a long-running dispute with the U.S. authorities over Swiss banks accused of helping wealthy Americans evade taxation.
americans
authorities
government
solution
swiss
taxation
zurich
Found 1 month ago on channel
Reuters
Beware bogus Boston Marathon charity websites
As Americans rush to donate to the victims of Monday's Boston Marathon bombing, watchdog groups are warning of potential online scammers already looking to profit from the tragedy.
americans
beware
boston
charity
marathon