Retirement – Demowp

The Overlooked Truths of Retirement Accounts

Nearly half a century ago, on Labor Day 1974, President Gerald Ford signed the Employee Retirement Income Security Act. The bill created Individual Retirement Accounts (IRAs) and essentially paved the way for 401(k)s, 403(b)s, and a host of imitations. Retirement experts have been beating up on the accounts ever since. Two fresh examples aim specifically […]

Giugno 10, 2024
Americans Deserve Fairer Social Security Taxes

Social Security has been a financial rock for seniors ever since benefits first began flowing in 1940. For decades though, for those above an income threshold, pieces of that rock have been chiseled away: a 1983 law makes up to 50 percent of benefits subject to federal income taxes. Levying a tax on benefits was […]

Febbraio 13, 2024
Another Look at the Financial Transactions Tax

Photo by Mika Baumeister on Unsplash A small financial transactions tax could correct a number of maladies in our economic system, from the federal debt crisis to the widening wealth divide to the rampant financialization of the economy, while eliminating taxes on income and sales. The debt ceiling crisis has again brought into focus the […]

Giugno 2, 2023

Tag: Retirement