DB vs. DC: Wednesday Senate Hearing Dives Deep Into ‘Retirement Crisis’

2024-02-29T11:05:55-08:00February 29th, 2024|Categories: Retirement|Tags: , , , |

By Brian Anderson Source: 401(k) Specialist That’s how Sen. Bernie Sanders (I-VT), Chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, kicked off a hearing in Washington Wednesday titled, “Taking a Serious Look at the Retirement Crisis in America: What Can We Do to Expand Defined Benefit Pension Plans for Workers?” Most speakers during the 90-minute hearing expressed a desire for a shift back to defined benefit pension plans while other speakers, including HELP Committee ranking member [...]