Promoting Retirement Security
All Americans, regardless of their backgrounds, deserve the opportunity to have a comfortable retirement after a lifetime of providing for their families and strengthening the U.S economy. As the aging U.S. Baby Boomer Generation reaches retirement, the challenges to secure a retirement living standard continue to grow. Millions of families have counted on their private wealth to supplement their Social Security benefits. However, due to the current economic downturn, much of this wealth has disappeared. Record debts and sharply low asset prices have destroyed financial wealth, the burst of the housing bubble has decimated home values, and traditional defined benefit plans have disappeared as employers have terminated or frozen their pension plans. Ensuring the well-being of low- and moderate-income families in their golden years will require promoting universal access to equitable, efficient, and secure private retirement savings.
Featured Content
The Promise and Peril of a Model 401(k) Plan
American Worker Project report on measuring the effectiveness of retirement savings plans offered by private companies and the federal government.
The Benefit of Defined Benefits 
David Madland compares defined benefit and 401(k) plans, and shows that in uncertain times, defined benefit plans are the safer bet.Retirement:
Weller and Madland on the Retirement Savings Program, April 23, 2008