One reason older workers have inadequate retirement savings isthat many are locked into low-paying jobs that don’t provide accessto a retirement plan.
But in the tax reform plan just unveiled by Congress, nothing isdone to resolve the situation—instead, suggestions are made ontaxes that would make an existing regressive system even worse.
So says a report from the Retirement Equity Lab at TheNew School, which says that even though U.S. Bureau of LaborStatistics reports a low (3.2 percent) unemployment figure forworkers 55 and older as of September, the picture is deceptivelyrosy.
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