12/12/2013 – Column: Why minorities are losing the retirement race (Reuters)

Dec 12, 2013 No Comments by

The issue of retirement inequality has caught fire in Washington, D.C., and a report issued this week throws a new log on the flames.

The report comes on the heels of a legislative proposal from progressive Democrats to address retirement inequality through an expansion of Social Security benefits. They want to increase benefits for everyone by 10 percent, but would target additional increases to retirees in the low and middle end of the income distribution, most of whom rely on Social Security for nearly all their retirement income.

Read the full article at Reuters.

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