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Top related persons:
Rachel Greszler - 2 Rebecca Cook - 1 Sara Schambers - 1 Schambers - 1 Teresa Ghilarducci - 1 Ghilarducci - 1 Greszler - 1 Sen - 1
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Sterling Heights Sterling Heights , Michigan Washington , New
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United Auto Workers - 1 Sterling Heights Assembly - 1 Ford - 1 Washington , D.C - 1 UAW - 1 National Institute on Retirement Security - 1 Pensions - 1 Finance - 1

Search resuls for: "Rachel Greszler"


3 mentions found


☆ Many workers believe pensions are key to achieving the American Dream. But getting those plans back isn't easy
  + stars: | 2024-03-01 | by ( Lorie Konish | ) www.cnbc.com   time to read: +5 min
watch nowMore than three-quarters of Americans, 77%, say the unavailability of pensions is making it harder to achieve the American Dream, according to a new report from the National Institute on Retirement Security. With the shift from pensions to 401(k)s, the responsibility for saving for retirement has transferred from employers to workers. "When not managed properly, defined benefit plans can end up like Ponzi schemes," Greszler said at Wednesday's Senate hearing. Neither Social Security nor multiemployer pensions can pay benefits as promised, she noted. To shore up Social Security, the average American household would have to pay at least $3,000 per year more in taxes, money that would better be invested in personal accounts, Greszler argued.
Persons: Rebecca Cook, Sara Schambers, Schambers, Teresa Ghilarducci, Ghilarducci, Rachel Greszler, Greszler, Sen, Bill Cassidy Organizations: United Auto Workers, Sterling Heights Assembly, Reuters, Ford, Washington , D.C, UAW, National Institute on Retirement Security, Pensions, Finance, Security, Workers, The New School for Social Research, The Heritage Foundation, Senate, Social Security Locations: Sterling Heights, Sterling Heights , Michigan, Washington ,, New
☆ More than 3 million financially insecure Latinas live in states where abortion is or may be banned, study finds
  + stars: | 2023-10-11 | by ( Ana Teresa Solá | Anne B. Johnston | Cfp | ) www.cnbc.com   time to read: +4 min
That's almost half the nearly 6.7 million Latinas who live in those states, representing the largest group of women of color affected by the court's decision. Financially insecure women are more likely to be affected by state bans and restrictions, the report notes, because they are likely to lack funds to travel to another state for abortion care. Roughly 1.4 million Latinas in these 26 abortion-restricted states work in service occupations, according to the report. Twenty-six states have banned or further restricted abortion services by providers such as Planned Parenthood since the Supreme Court overturned the landmark Roe v. Wade case. Michael B. Thomas | Getty Images News | Getty ImagesAt large, Hispanic women or Latinas are over represented in low-wage occupations, such as servers and cleaners.
Persons: Roe, Wade, Lea, That's, Lupe M, Shaina Goodman, Michael B, Thomas, Dobbs, Candace Gibson, Goodman, Rachel Greszler Organizations: National Partnership for Women, National Latina Institute, Reproductive, Getty, U.S . Department of Labor, Heritage Foundation
☆ Giving babies a government trust fund at birth could help get rid of student debt and build wealth, report says
  + stars: | 2022-12-07 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +5 min
Democrats released a report highlighting the benefits of "Baby Bonds," which are trust funds given to kids at birth. The report said that the funds would help Americans build wealth over a lifetime. It could help reduce the need for students to take on excessive debt to go to college. On Wednesday, the Joint Economic Committee — led by Democratic Rep. Don Beyer — released a report on the benefits of "Baby Bonds." Baby Bonds could be a part of that.
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