Latest News
Tax Hikes To Fix Retirement Security Woes?
(Source – Ashlea Ebeling, Forbes.com)
Shoring up Social Security and ramping up private savings were the laudable goals on the agenda at a recent conference, Improving Retirement Security, put on by the BipartisanPolicy Center and the Concord Coalition. But high-income earners might not like the proposed solutions experts kept falling back on: raising taxes one way or another. Congress needs to act soon to address the fact that the Social Security disability fund will run out of money by next year, necessitating a drastic cut in benefits. That presents an opportunity to address broader retirement security issues, said former Democratic senator Kent Conrad in opening remarks. Read more…