Lawmakers in Washington, DC continue to work on a number of retirement-related proposals that have collectively been referred to as “SECURE Act 2.0.” While time is running low to pass new legislation, there’s still a chance lawmakers could reconcile the bills and pass a final package before the end of the year.
Experts often look to the U.S. Treasury’s so-called “yield curve” to determine if the country is headed for a recession, since inversions in the curve have reliably predicted past recessions. Here’s a look at recent trends in Treasury yields and what they could mean for the economy.
During the early months of the COVID-19 pandemic, many people buckled down and significantly increased the amount of money they were putting into savings. That trend has since reversed, and recent data show Americans are now saving at historically low levels.
Workers are increasingly interested in the idea of “preretirement,” a period of transition between full-time work and traditional retirement. A recent survey found 69 percent of respondents view retirement as a gradual transition away from full-time work rather than an abrupt end.
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