Reported about 13 hours ago
The United States has received a C+ grade for its retirement system in the 16th annual Mercer CFA Institute Global Pension Index, ranking 29th out of 48 countries. Key issues impacting this score include pension funding challenges and inadequate private retirement savings, exacerbated by falling birth rates and rising life expectancy. The report suggests learning from top countries like the Netherlands to improve retirement savings structures and recommends legislative changes like the Secure 2.0 Act to boost participation in employer-sponsored plans.
Source: YAHOO