Category Archives: Retirement Security

How Is SSA Keeping Up at 80?

Eighty years after FDR signed it into existence, the Social Security Administration is managing one of the nation’s largest social safety nets. SSA oversees hundreds of billions in benefits paid to around 60 million retired or disabled Americans every year. … Continue reading

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Your Employer Might Help Improve Your Financial Fitness

Maybe there’s money under the mattress, because there doesn’t seem to be much in the bank. About half of households age 55 and older have no retirement savings, and many of them don’t have pensions, either. Financial education can empower … Continue reading

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Join Our AskGAOLive Chat on Retirement Savings, Monday June 29th

Retirement is around the corner for the Baby Boom generation. However, changes in pension plans and uncertainty about the future of Social Security raise questions about whether this and other generations of Americans are saving enough to retire.

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Podcast on Americans’ Retirement Security

As baby boomers move into retirement age, their retirement security is getting a lot of attention, due to longer life expectancies, private-sector pension changes, and uncertainty about Social Security’s long-term fiscal condition.

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AskGAOLive: Retirement Security

With a multitude of savings options available, from IRAs to managed 401(k) accounts, ensuring you will have the money you need for your retirement can be a complex task. Join us for a live web chat on retirement security trends … Continue reading

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GAO Reports That Help Protect Vulnerable Elders

News stories about older adults whose trusted family members or other caretakers deny them food and water, leave them to live under deplorable conditions, or physically and psychologically abuse them are all too common.  Neglect and abuse can often go … Continue reading

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Questionable Business Practices and Pension Advances

Pensions, in addition to Social Security, are what allow millions of middle-class retirees to maintain a reasonable standard of living. Any loss of pension benefits (partial or otherwise) can significantly affect a retiree’s ability to pay monthly living expenses, medical … Continue reading

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Retirees Need Options and Assistance to Make Money Last

As individuals are increasingly responsible for their financial security following retirement, the cost of limited financial literacy can be extremely high. Yet, recent survey data suggest that seniors have some of the lowest financial literacy rates. These surveys—which included questions … Continue reading

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How Changes in Marriage and Work Impact Women’s Retirement Security

For Women’s History Month, we take stock of retirement security challenges facing women. Retirement and survivor benefits from Social Security and some employer-sponsored pensions have historically helped protect couples and surviving spouses in old age. Many of these benefits were … Continue reading

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Are Financial Planners Always Working in Your Best Interest?

People frequently use financial planners for help with such things as selecting investments and insurance products, and managing tax and estate planning. Entrusting someone with your money can be risky. What steps can you take to mitigate that risk?  We … Continue reading

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