policy reforms

Policymakers Could Consider Using Tax and Transfer Policy to Reduce the Racial Retirement Wealth Gap

Illustration of two hands, each using fingers to resemble legs. One hand steps on a small stack of coins and the other on a tall stack, representing income inequality.

White households in the US hold significantly more retirement wealth than do Hispanics and Blacks, in part due to long-standing discrimination. Tax and transfer policy reforms could help reduce this wealth gap, explain Brakeyshia Samms and Carl Davis from the Institute on Taxation and Economic Policy, via RetireSecure blog.…Read More

Retirement Racial Wealth Gap Disproportionately Impacts Black, Hispanic Americans

A person in a suit balances a seesaw with a blue figure on one end, a red figure on the other, and a roll of money in the center. This represents financial balance or equality.

Black and Hispanic families in the U.S. disproportionately face inadequate income in retirement. The Pension Research Council’s 2023 Symposium “Diversity, Inclusion, and Inequality: Implications for Retirement Income Security and Policy” discussed factors contributing to the wealth gaps and policy reforms to help reduce it. Via Plansponsor.…Read More