Can Every American Access Financial Advice?
According to a recent study conducted by Allianz life, not all Americans are able to get the financial advice they need. Which is pretty troubling given the recent economic turmoil.The 2021 Retirement Risk Readiness Study highlighted the particular difficulties faced by certain demographic groups, in getting professional help with their finances.
Good News For Ordinary Americans- An Increase In Retirement Savings
Hot on the heels of the SECURE Act 2.0, legislation has been reintroduced, as a bill, to help lower and middle income families to save for retirement.
Retirement: The Ultimate Bipartisan Issue
Arriving back on the blue planet, Jeff Bezos lamented that there were too many vilifiers and not enough unifiers. Amongst the unifiers, apparently in such short supply, is the fact that we all grow old, and need to retire.This is perhaps why transitioning out of the workforce is one of those rare things in US politics, a bipartisan issue. Divided as they might seem, you’d be hard pressed to find a member of the house or senate, who’s not concerned with just how few Americans are prepared for retirement.
A little Bitcoin in your 401(k)? The DOL Isn’t So Sure
It should come as no surprise to anyone familiar with crypto that the government has, at best, been skeptical about digital currency and its benefit to ordinary Americans.More recently, the DOL has expressed concern that cryptocurrencies are to be added to so-called alt-401(k)s.