Using data from the Federal Reserve Survey of Consumer Finances, researchers from Morningstar’s Center for Retirement & Policy Studies developed an economic model that estimates the percentage of … more American Retirement Preparedness Is Improving, but It’s Still Not Good Enough
Reference Section
U.S. Retirement System Receives C+ Grade
When compared to 48 other countries, the U.S. retirement system ranked 29 and received an overall C+ grade, according to the latest Mercer CFA Institute Global Pension Index, which … more U.S. Retirement System Receives C+ Grade
NRMLA Member Appointed to Counseling Advisory Committee
Carol Ann Dujanovich, Senior Vice President and Director of the Reverse Mortgage Division at University Bank, was appointed to a new three-year term on the Department of Housing … more NRMLA Member Appointed to Counseling Advisory Committee
Multiple Job Transitions Could Result in $300K Retirement Savings Loss
While job switchers on average experience a ten percent increase in pay when changing employers, they’re also likely to see a drop in retirement savings rates, according to … more Multiple Job Transitions Could Result in $300K Retirement Savings Loss
SSA Announces 2.5 Percent Cost of Living Adjustment for 2025
The Senior Citizens League (TSCL) reported that, on average, retired workers’ Social Security checks will increase by an estimated $48 on January 1, from $1,920 to $1,968. After … more SSA Announces 2.5 Percent Cost of Living Adjustment for 2025
Senate Aging Committee Holds Fraud Hearing
The U.S. Senate Special Committee on Aging held its annual hearing to discuss the latest trends involving theft against older adults. The hearing coincided with the release of … more Senate Aging Committee Holds Fraud Hearing
National Strategy to Support Family Caregivers
The U.S. Department of Health and Human Services, through its Administration for Community Living (ACL), delivered to Congress a progress report on federal implementation of the 2022 National … more National Strategy to Support Family Caregivers
HUD Updates Counseling Delivery Options
The Department of Housing and Urban Development published a final rule to allow housing counseling agencies to use alternative communication methods, including virtual meeting tools, instead of providing … more HUD Updates Counseling Delivery Options
Big Changes Coming to Medicare Part D and Medicare Advantage
Medicareresources.org, an online resource for consumers, advises seniors to pay close attention to their mail leading up to the annual Medicare open enrollment period, which begins on October … more Big Changes Coming to Medicare Part D and Medicare Advantage
Mental Health Struggles Among Older Adults During the Pandemic
Older adults experienced fewer mental health challenges than younger adults during the COVID-19 pandemic but new research shows anxiety and depression levels among those 65 and older varied … more Mental Health Struggles Among Older Adults During the Pandemic
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