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Workers Willing to Give Up Raises in Exchange for Secure Retirement Income
As corporations continue to freeze or eliminate defined benefit plans, American workers may be getting increasingly concerned about their financial security in retirement and looking for guaranteed income options.
Two-thirds of Americans say they would be willing to give up salary increases in exchange for guaranteed retirement income, according to a new survey by the National Institute on Retirement Security. In the survey, 72% of Americans viewed retirement benefits as a perk that was almost as important as their salary and 84% said health insurance is the most important job benefit they receive. Read More…
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