Tag #Retirement Security

dw.com
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Germany's Homeownership Rate Hits 15-Year Low

Germany's homeownership rate has dropped to 44 percent, a 15-year low, prompting calls for government subsidies and tax breaks to increase affordability and social stability, as experts highlight the country's low ranking in Europe compared to nations with higher ownership rates.

Progress

48% Bias Score

Reduced Inequality
foxnews.com
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Data Brokers Fuel Retirement Scams

Data brokers selling personal information enable three types of increasingly targeted retirement scams: 'spray and pray,' demographic targeting, and highly personalized attacks using detailed personal data, leading to financial losses and identity theft.

Progress

48% Bias Score

Reduced Inequality
abcnews.go.com
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"Widespread Retirement Savings Shortfall Threatens Americans' Financial Security"

"Vanguard data reveals a median retirement savings balance of just $35,000 for plan participants, while half of those aged 55-66 have nothing; women are particularly vulnerable, indicating a widespread retirement savings crisis."

Progress

48% Bias Score

No Poverty
forbes.com
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Resurgence of Pension Plans Reflects Economic Anxiety and Labor Shortages

Amid economic anxieties and a retirement crisis, numerous U.S. companies, including Southwest Airlines, GM, and IBM, are reinstating or upgrading pension plans for their employees, a trend also seen in Canada, to attract and retain workers.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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SECURE Act 3.0: Potential Retirement Plan Changes and Tax Implications

Congress is considering SECURE Act 3.0, a potential follow-up to retirement plan reforms enacted in 2019 and 2022, which will likely necessitate offsetting tax increases to help fund the extension of provisions of the 2017 Tax Cuts and Jobs Act and other government spending, impacting millions of ta...

Progress

44% Bias Score

Reduced Inequality