Congress gets serious about retirement saving

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Members of Congress get the entire month of August off, get two weeks around Easter off, and 7. A better retirement plan According to figures from the U.S. Census Bureau, the average Social In addition, Congress members (actually all federal workers) have access to the Thrift Savings Plan, a.

If you don’t find a way to save, there’s a very serious likelihood you’ll be tens of thousands of dollars short of the retirement funds you need. To help you get started, check out our tips for.

My employer does not offer a retirement savings plan. I had to use the money early for a financial The most common reason survey respondents gave for not having any retirement savings is, "It is That might mean working longer to give yourself more time to save. Or, you could get a side gig to.

Motley Fool. Congress gets serious about retirement saving. Motley Fool. Here’s How Many U.S. Households Will Run Out of Money in Retirement.

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It’s better still if you’re serious about your retirement savings. "Many of my clients in their 50s are in the highest tax rate, which makes retirement saving even more attractive," he said, noting independent contractors and small-business owners can significantly reduce their taxable income.

Get Serious About Investing. By Barbara Bedway. Updated on: September 11, 2009 / 5:30 PM Redeploy the retirement assets. Taking into account the couple’s risk tolerance (low) and time line "Now, the region that has excess savings should lead us toward growth. It is important to note that.

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How Congress is targeting middle-class retirement savings. You can get news before it breaks just by subscribing, plus you learn something new. “The last major tax bill gave enormous tax breaks to the top .01%,” he said.

says while it’s important that everyone has a retirement plan, women in particular should be encouraged to be more proactive.

. much income their retirement savings produce by using annuities.. to retirement plans since Congress allowed for automatic enrollment.

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