Inequality and Poverty

Created
Sun, 08/01/2023 - 02:30

The New York Times had a major article reporting on how many people in South Korea, Hong Kong, and Japan are being forced to work well into their seventies because they lack sufficient income to retire. The piece presents this as a problem of aging societies, which will soon hit the United States and other […]

The post Contrary to What the NYT Tells You, the Problem in An Aging Society is Distribution appeared first on Center for Economic and Policy Research.

Created
Sat, 24/12/2022 - 03:06

One not so good item in the package of retirement fund provisions in the omnibus funding bill raises the age for mandatory distributions from retirement accounts from 72 to 75. This is phased in over a decade, but it does go up immediately to 73 in 2023. It had already been raised from 70.5 years […]

The post Quick Note on Minimum Age for Mandatory Retirement Fund Distributions appeared first on Center for Economic and Policy Research.