Republicans and Democrats have sharply divergent approaches to repairing the programs. Any solutions will affect younger workers as much as retirees.
Category: Pensions and Retirement Plans
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A New Option for Moving Retirement Savings When Switching Jobs
The New York Times – Business:Three big 401(k) administrators are making it easier for workers with accounts of less than $5,000 to transfer the money to their new employers’ plans.
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As Parisians March to Fight Pension Changes, Shopkeepers Nod and Agree
The New York Times – Business:Angry protests over a plan to raise France’s retirement age pile uncertainty on small businesses, but most are siding with the demonstrators.
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Your Investment Lost Money Last Year. So Why the Big Tax Bill?
The New York Times – Business:When you invest and where matters for taxes. But a few rules of thumb can stave off some nasty surprises, our columnist says.
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Who wants to live forever?
The New York Times – Business:Countries and companies are facing an aging crisis, and experts say policymakers and business leaders need to rethink how they deal with older workers.
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Their Children Are Their Retirement Plans
The New York Times – Business:The offspring of many East Asian immigrants are raised to support their elders in their later years. That gives a segment of Americans challenges others don’t face.
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Why China’s Shrinking Population Is Cause for Alarm
The New York Times – Business:China struggled for years to curtail its rapid population growth. Now that its population is declining, economists and others fear serious implications for China and countries around the world.
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French Government Unveils Plan to Raise Retirement Age to 64
The New York Times – Business:President Emmanuel Macron is focusing on cutting costs in France’s pension system, but labor unions, which fiercely oppose the measure, have promised a showdown.
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As Asian Societies Age, ‘Retirement’ Just Means More Work
The New York Times – Business:Across East Asia, populations are graying faster than anywhere else in the world, and while younger generations shrink, older workers are often toiling well into their 70s and beyond.
