retirement
Private pensions – alternatives and trade-0ffs
How do private pensions offered in the U.S. (defined benefit; defined contribution) compare to those offered in the Netherlands, Switzerland and the UK? What are the benefits, what are the risks, what are the trade-offs? A recently released GAO report addresses those questions. See GAO-09-642, Private Pensions: Alternative Approaches Could Address Retirement Risks Faced by [...]
Read Full Post | Make a Comment ( None so far )Social Security upside down in 2016 – hello is it finally time to do something?
So, according to the May 12th report of the Social Security Board of Trustees, the social security fund will be upside down in seven years, barring tough action. They didn’t say that, of course. They reported that the projected point at which social security tax revenues will fall below program costs will come in 2016.
They [...]
