From California to North Dakota, Vermont to Alaska, public employees are worried about threats to their pensions and the broader implications of these threats. https://t.co/o6D0Go90Ij
The nonpartisan Joint Committee on Taxation found that as of 2019, “nearly 3,000 taxpayers held Roth IRAs worth at least $5 million. The aggregate value of those Roth IRAs was worth more than $40 billion.”
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With the rise of 401(k)s and the decline of private-sector pensions, a secure retirement is becoming hard to achieve for low-income working Americans. https://t.co/mB2F4GpLnh
Teachers and school personnel are some of the most important members of our communities. They educate our children, volunteer their time and resources, and work to make a difference every day. https://t.co/lPTMpBVcdl
In addition to providing retirement security that retirees can count on, defined-benefit pensions also play an important role for state and local governments to recruit and retain highly qualified public employees in their workforces. https://t.co/ljEtX6zZ4v
Why do pensions matter? Check out our report to learn more about the history of defined-benefit plans in the United States of America. https://t.co/v9t8cSQoCO