Retirement

Americans across party lines favor taxing higher earners and employers to strengthen the program, but few have prepared for possible benefit cuts.

"Many workers are not just worried about retirement. They are actively revising their timelines," said Jasmine Escalera, career expert at MyPerfectResume.

The agency and Treasury Department are seeking comments until Sept. 25, with a public hearing set for Oct. 15.

Inflation may be the most recent challenge, but it comes after decades of setbacks that have steadily contributed to the Gen X retirement crisis.

It's more important than ever for employers and HR executives to address the needs of a multi-generational workforce by cultivating a physically and socially age-inclusive workplace.

These accounts come with tax implications and some planning strategies your clients might not know about.