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Poll: Many Americans Simply Don't Understand Social Security

Poll: Many Americans Simply Don’t Understand Social Security
Nearly half of the millennials who participated in a survey believe that they “will not get a dime of the Social Security benefits they have earned.”
A recent poll has revealed that the average American struggles to grasp the basic facts of Social Security benefits.
According to Nationwide’s 8th Annual Social Security Consumer Survey, which was conducted by the Harris Poll on behalf of the Nationwide Retirement Institute, the majority of those surveyed showed confidence that they understand how to optimize their Social Security benefits.
However, what the data proved was that only 6 percent actually understand all the factors that determine the maximum Social Security benefit an eligible individual can receive.   ....

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5 Things Most Americans Don't Know About Social Security

5 Things Most Americans Don't Know About Social Security
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Americans are failing in Social Security education

Americans are failing in Social Security education
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Carrie Dabbs-Okochi joins Western Computer as New Strategic Customer Solutions Manager

/PRNewswire-PRWeb/ Carrie Dabbs-Okochi, a tenured sales and customer support professional joins the Western Computer team as their new Strategic Customer. ....

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Equity Markets Offset Bond Performance, Leading Canadian Plan Sponsors To Post Positive Median Returns In Q1 2021 According to BNY Mellon Canadian Master Trust Universe

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Fourth quarter of positive median returns since the initial market reaction to the pandemic
TORONTO, May 3, 2021 /CNW/ - The median return of the BNY Mellon Canadian Master Trust Universe, a BNY Mellon Global Risk Solutions fund-level tracking service, was +0.60% for the first quarter of 2021. These results mark the fourth consecutive positive quarterly median return following the initial pandemic reaction in Q1 2020. The one-year median return as of March 31, 2021 was +18.90%, while the median 10-year annualized return was +8.29%.
The BNY Mellon Canadian Master Trust Universe results are based on $290.7 billion worth of investment assets in Canadian investment plans, with the average plan size of $3.3 billion. The Universe is designed to provide peer comparisons by plan type and size, and it comprises 87 Canadian corporate, public and university pension plans. Additional insight into the plan results is provided by BNY Mellon s Asset Strategy Vie ....

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