Two Congressmen have introduced legislation to make the myRA a permanent retirement savings option, something they say will cause more American workers to start saving for retirement. But is yet another retirement savings option really going to cause Americans to suddenly start preparing for their own futures?
Americans face a growing risk that they will outlive their savings during retirement. The author says that the proposals to address this risk are wrong.
The White House released the president’s proposed budget for the 2015 fiscal year today. Here are some of the highlights that are likely to be of most interest to the federal workforce.
The new retirement savings vehicle that President Obama proposed in his state of the union address would give all Americans access to an investment that mirrors the G Fund inside of the Thrift Savings Plan, something previously only available to federal employees.