More than three-quarters of American voters (78%), Republicans and Democrats alike, believe that all working Americans should have access to a retirement savings plan along the lines of the federal Thrift Savings Plan, which is open to government employees and members of the military.
That was a key finding of a survey conducted for the Economic Innovation Group, or EIG, by Echelon Insights.
Support also was strong for a proposal from the EIG under which the government would match retirement contributions for low- and middle-income working Americans who participate in a federal retirement savings plan. The proposal garnered more support (63%) than other wealth-building plans, such as universal basic income (47%), child allowances (41%) and baby bonds (40%), the EIG said in a release.
Other survey results pointed to the dismal state of the nation’s retirement savings. For example, one-third of American voters are not confident that they'll have enough savings to live comfortably when they retire, and of the 41% of American voters who do not have a retirement savings account, 44% say they do not have money to save after expenses.
Elsewhere in Utah, Raymond James also welcomed another experienced advisor from D.A. Davidson.
A federal appeals court says UBS can’t force arbitration in a trustee lawsuit over alleged fiduciary breaches involving millions in charitable assets.
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Rather than big projects and ambitious revamps, a few small but consequential tweaks could make all the difference while still leaving time for well-deserved days off.
Hadley, whose time at Goldman included working with newly appointed CEO Larry Restieri, will lead the firm's efforts at advisor engagement, growth initiatives, and practice management support.
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Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
