The U.S. Government Accountability Office (GAO) has concluded that defined contribution retirement plan approaches in other countries may be beneficial to the U.S.
The annual Trustees report on the financial health of Social Security Trust Funds says funds will be exhausted by 2033, three years sooner than projected last year.
Older Americans aren’t that literate when it comes to finance, which could have a negative impact on their ability to plan successfully for retirement.
Kerry W. Hemphill, principal of Creative Benefit Concepts, has affiliated with Signature Financial Partners LLC, a John Hancock Financial Network (JHFN) member.