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Closing the wealth gap: New approach to bolster retirement security for nonprofit workers
There needs to be a multi-faceted approach, spanning policy reform, organizational change, individual savings, and expanded philanthropic support, according to Just Futures’ George Guerrero.
JPMorgan Chase denies pension to employee’s widow for lack of ‘necessary paperwork’
For 13 years, she has been attempting to claim her husband’s $53,000 pension plan, which he amassed from working 10 years for the investment firm.
Rallying around retirement income: Advisors are educating plan sponsors
Only 58% of plan sponsors believe participants are on track with their retirement savings, which is why most (82%) advisors are recommending a retirement income solution to DC clients, according to a Blackrock survey.
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