The Senate Finance Committee held a hearing this week to examine ways Congress can build on bipartisan retirement legislation. Brian Graff, CEO of the American Retirement Association … more Finance Committee Examines Opportunities to Enhance Retirement Security
Industry News & Reference
What Do I Do When My Loan is Due?
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?
State Auto-IRAs Are Building Momentum
About half of the nation’s private-sector employees do not have a retirement savings plan at work, and that hasn’t changed in at least 40 years, according to a … more State Auto-IRAs Are Building Momentum
Senate Aging Committee Examines How Disabled Americans Can Build Wealth and Retirement Security
Last week, the U.S. Senate Special Committee on Aging held a hearing entitled, “Building Wealth and Fostering Independence: Creating Opportunities to Save” that examined the challenges that people … more Senate Aging Committee Examines How Disabled Americans Can Build Wealth and Retirement Security
HMBS June 2021 Part II: Refi Wave Rolls On
Outstanding HMBS fell to just under $56.5 billion in June, as record HECM loan payoffs outpaced issuance. HMBS payoffs exceeded $1.1 billion, a dollar amount surpassed only by … more HMBS June 2021 Part II: Refi Wave Rolls On
The Market for Reverse Mortgages Among Older Americans
Ohio State University researcher Stephanie Moulton and Columbia Business School Professor Chris Mayer co-authored a paper that examines the usage of reverse mortgages among mortgage borrowers, as well as … more The Market for Reverse Mortgages Among Older Americans
How Much Does Social Security Offset the Motherhood Penalty?
When women become mothers, their earnings often take a substantial, and permanent, hit that becomes larger with each additional child. A new issue brief published by the Center … more How Much Does Social Security Offset the Motherhood Penalty?
Study: Half of Americans Say They’re in Financial Recovery Mode
Most Americans are still contending with the financial impact of the COVID-19 pandemic, according to the latest set of findings from Northwestern Mutual’s 2021 Planning & Progress Study. The … more Study: Half of Americans Say They’re in Financial Recovery Mode
What Level of Long-Term Services and Supports Do Retirees Need?
Many retirees are concerned about the risk of needing substantial long-term care as they age, but the likelihood of this happening remains unclear. The results of a new … more What Level of Long-Term Services and Supports Do Retirees Need?
Congress Looking to Make Further Changes to U.S. Retirement System
Less than two years after the Secure Act ushered in significant changes to the nation’s retirement system, more modifications may be on the horizon, according to a CNBC.com … more Congress Looking to Make Further Changes to U.S. Retirement System