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Pension Rights Center to Lawmakers: "Changes to Retirement Plan Tax Breaks Should Address the Retirement Income Deficit, not the Budget Deficit"

News Release

WASHINGTON - At a hearing held by the Senate Committee on Finance today, the Pension Rights Center called on lawmakers to re-examine the tax incentives associated with 401(k) plans and other retirement savings plans, so that those tax breaks work more efficiently a

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A race to the bottom?

Blog entry

New Census Bureau data released earlier this week shows that more Americans are living in poverty now than at any time since 1993. While an increase might be understandable, given the uncertain economy, the numbers are still staggering.

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401(k) break at risk as policymakers mull retirement shift

News Item

U.S. retirement programs could look different if a grand deficit-cutting bargain is struck in upcoming negotiations.

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Retirement Income: Ensuring Income throughout Retirement Requires Difficult Choices

Publication

As life expectancy increases, the risk that retirees will outlive their assets is a growing challenge. The shift from defined benefit (DB) pension plans to defined contribution (DC) plans also increases the responsibility for workers and retirees to make difficult decisions and manage their pension and other financial assets so that they have income throughout retirement.

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