Tag: middle class
This is a fact of retirement life: older Americans haven’t paid as much into Medicare and Medicaid as government spends on their healthcare and nursing home stays. But it is middle-class retirees who get the most out of the system, according to a new study. Middle-income households receive about $230,000 to $260,000 more in Medicare and…
New pension bill totally neglects low-paid workers. Saving for retirement is a good thing and apparently one of the few issues that can garner bipartisan support in a fractured Congress. Most recently, the House passed the “Securing a Strong Retirement Act of 2022” – affectionately known as SECURE 2.0 because it builds on SECURE legislation…
