New TIAA Institute Study Reveals Key Insights to Inform Financial Education Programs for Black and Hispanic Women…Read More
retirement
Here’s a New COVID-19 Nightmare, for You
The COVID-19 pandemic is eroding retirement saving habits and long-term financial strategies of those already financially vulnerable, report Wharton Prof. Olivia S. Mitchell, & Profs. Abigail Hurwitz and Orly Sade of the Hebrew University of Jerusalem, in their new study via NBER.…Read More
Getting financially fit in 2021
Before it’s too late: Take stock of your financial circumstances and plan to reach your goals. Wharton Prof. Olivia S. Mitchell shares five ways to improve financial fitness, via Penn Today.…Read More
Debt Management and Financial Security
COVID-19 has worsened many retirees’ and near-retirees’ growing debt problems. Prof. Olivia S. Mitchell of Wharton and Wim Mijs, CEO of the European Banking Federation, join Prof. Annamaria Lusardi of GFLEC and GWU to discuss how persistent debt is changing the retirement landscape.…Read More
Pensions and COVID-19: The Global Experience
Presentation slides and videos from IPRA’s recent session “Pensions and COVID-19: The Global Experience” are now available, including Wharton Prof. Olivia S. Mitchell’s presentation “Building Better Retirement Systems in the Wake of the Global Pandemic.” To join IPRA, sign up here.…Read More
Should 401(k) Withdrawals Be Easier?
Easing early withdrawals from retirement accounts could put many Americans at financial risk, especially given the looming insolvency of Social Security, explains Wharton Prof. Olivia S. Mitchell in the WSJ, advising caution and greater financial education instead.…Read More
Some Seniors Face Shrinking Nest Eggs As They Care For Loved Ones During Pandemic
Even pre-pandemic, many older Americans carried substantial debt in student loans, mortgages, and medical bills. Now many are tapping into retirement savings to support loved ones, notes Wharton Prof. Olivia S. Mitchell via WVTF-Radio IQ.…Read More
Changing Required Minimum Distribution Rules Would Have Negligible Impact On Tax Revenue While Providing Additional Flexibility For Retirement Savers
A new report issued by the TIAA Institute and the Pension Research Council (PRC) of the University of Pennsylvania’s Wharton School reveals that changing Required Minimum Distribution (RMD) rules would likely have a negligible impact on tax revenue, while increasing flexibility for retirement savers.…Read More
JPEF Special Virtual Issue: Developments in Financial Literacy
More financial literacy can produce better financial outcomes, as in the new Journal of Pension Economics and Finance Special Virtual Issue on ‘Developments in Financial Literacy,’ with an intro by Wharton Prof. Olivia S. Mitchell.…Read More
Launch of the 2020 OECD Pensions Outlook
The 2020 OECD Pensions Outlook provides policy guidelines to strengthen retirement systems post-pandemic. The book launch featured a virtual roundtable discussion including Wharton’s Prof. Olivia S. Mitchell.…Read More