As appeared in Morning Consult, February 13, 2019 A few months ago, I said that retirement security will be a policy issue everyone is talking about over the next decade. Last week, influential leaders in Congress laid proof to that claim, kicking off the new year noting retirement security as a bipartisan priority issue. The House Ways and Means Committee, led by Chairman Richard Neal (D-Mass.) and Ranking Member Kevin Brady (R-Texas), held a hearing on improving retirement security for America’s workers. The same day, the Senate Special Committee on Aging, led by Sen. Susan Collins (R-Maine), held a hearing on innovations and best practices … Continue reading "Congress Makes It Clear: Retirement Security Is a Priority Issue"
Retirement security will be a policy issue everyone is talking about over the next decade. Not only is the world’s population growing, but people are living longer too, thanks to advances in medicine and science. This is especially true for our children — the millennials and Generation Z — who are very likely to live to be 100 or more. This is great news for those who are prepared financially, but of deep concern to those who are not. In this dichotomy lies the challenge for policymakers and thought leaders who are already grappling with solutions to ensure all Americans can … Continue reading "Why Financial and Retirement Security Will Be the Policy Issue of the Next Decade"
One of my favorite quotes comes from Ben Franklin, made shortly after President Washington signed the Bill of Rights. In a letter penned to French scientist Jean-Baptiste Leroy in November 1789, Franklin wrote: “Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.” The Tax Cuts and Jobs Act, signed into law by President Trump on December 22, 2017, represents the largest overhaul of the U.S. tax code since 1986. At the state level, the changes to the federal tax code will … Continue reading "What Tax Reform Means for the States"