When it comes to retirement savings, the rich keep getting richer
The gap in retirement-account balances between middle- and high-income older households in the U.S. more than doubled from 2007 to 2019.
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The gap in retirement-account balances between middle- and high-income older households in the U.S. more than doubled from 2007 to 2019.
Many Americans are losing ground when it comes to building retirement savings, despite policy efforts to improve workers’ savings.
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A new document from the federal government helps lay the groundwork for a likely plan to fix Social Security by filling the $20 trillion hole in its accounts.
According to a Government Accountability Office report commissioned by U.S. Sens. Bernie Sanders and Sheldon Whitehouse, D-R.I., the gap in retirement account balances between middle- and high-income older households more