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Retiring While Black

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Retiring While Black
Inequalities put many Black people on poor footing for retirement. Advice from Black seniors for a path to financial security.
By Brian Vines ....

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Businesses bouncing back from COVID-19 should prioritise pensions---MD of Enterprise Trustees

Businesses bouncing back from COVID-19 should prioritise pensions---MD of Enterprise Trustees
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.

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Retirement income crisis could be solved by bond program, Edelman says

Bond-based public program would save retirement, Ric Edelman says
The RISE accounts Edelman is proposing would be funded initially by $5,884, and people would be able to begin receiving retirement income checks starting at age 70.
February 12, 2021
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A proposal from Edelman Financial Engines co-founder Ric Edelman seeks to solve the retirement savings crisis through a savings bond program for newborns.
The idea, Retirement Income Security for Everyone, or RISE, could increase income levels in retirement by 250%, Edelman said. With accounts funded initially by $5,884, people would be able to begin receiving retirement income checks starting at age 70 that augment what they get from Social Security and their 401(k) plan. ....

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"Baby Bonds" Bill to Give American Newborns $1000 Savings Accounts

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Photo: (Photo : Photo by Dominika Roseclay from Pexels)
One major issue every new President faces is the increasing wealth gap, and one way to help ease that discrepancy is the baby bonds government-funded financial program.
The looming social security backing is one of the pressing items on President Biden s to-do list. They see the baby bonds idea as a new pitch that would address the current crisis. For a while, the financial concept has been around, which has intensified the currency among economists, financial planners, and legislators as a budding fix for retirees income disparity and social insecurity.
Financial adviser Ric Edelman thinks this could be an economic game-changer for millions of Americans, helping to close the racial wealth gap. ....

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Retirement 'baby bonds' could help close the racial wealth gap

Retirement 'baby bonds' could help close the racial wealth gap
washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.

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