Davidc John News Today

Debt and lack of access to a pension plan can make it especially difficult for Black and Hispanic Americans to maintain steady income in retirement, researchers find. 

Administration and congressional negotiators reached agreement early Sunday on a package of actions to address the alarming financial situation facing the U.S. economy

Time to Retire the Social Security Earnings Test

President Bill Clinton is considering a plan to use the budgetsurplus to fund new retirement savings accounts to supplementSocial Security.

Discussions of economic mobility explore why some people are successful in moving up the economic ladder during their lifetime while others are not. While there is much debate about the degree of opportunity in America, there is general agreement that there seem to be significant and worrying obstacles facing Americans starting out in households at the bottom end of the income spectrum.

KidSave: An Innovative Step Toward Better Retirement Security

If Social Security personal retirement accounts had been availableto baby boomers, they would have substantially increased the babyboomers' net worth, especially among low-wealth families.Additionally, the gain in retirement security would be between$41,000 and $214,000 at age 65, in inflation-adjusted 2001 dollars.

President Bill Clinton announced a plan to "save" Social Security and fund a new type of retirement savings account.

Do-it-yourself Social Security Reform

Social Security reform is too important to working Americans forCongress to allow short-term political considerations to triumphover sound policy.