The Wall Street Journal: Duly Noted

Market Watch - Duly Noted Excerpt: “U.S. workers could see their retirement savings tumble 20% if Congress and the president fail to craft a deal to raise the federal government’s $16.7 trillion debt ceiling, a new report shows. According to the Association of Pension Professionals & Actuaries’ (ASPPA) “Retirement Savings Will Suffer if Congress Does… Continue reading

Washington Post: Debt-ceiling follies put retirement funds at risk

The Washington Post’s Jonathan Capehart cites ASPPA’s statistics on the likelihood of damage to America’s retirement accounts if the US defaults on its debt. Read his column below. Debt-ceiling follies put retirement funds at risk Excerpt: “According to the American Society of Pension Professionals and Actuaries, if the United States defaults, retirement savings accounts could… Continue reading