{"id":3116,"date":"2013-03-20T14:09:15","date_gmt":"2013-03-20T19:09:15","guid":{"rendered":"http:\/\/www.mdmproofing.com\/iym\/weblog\/?p=3116"},"modified":"2013-03-20T14:09:15","modified_gmt":"2013-03-20T19:09:15","slug":"no-retirement-savings","status":"publish","type":"post","link":"https:\/\/www.mdmproofing.com\/iym\/weblog\/2013\/03\/no-retirement-savings\/","title":{"rendered":"Get More Retirement Savings, Cuz Congress Wants It"},"content":{"rendered":"<p>Couple of saving-related news stories which hit my inbox this afternoon:<\/p>\n<p><span class=\"article\">EBRI: <a href=\"http:\/\/www.ebri.org\/surveys\/rcs\/2013\/\" target=\"_blank\">2013 Retirement Confidence Survey Results<\/a><\/span><\/p>\n<p>EBRI&#8217;s 2013 survey tells us that half of workers reported having $25k or less in total savings and investments (not counting home equity and any defined-benefit plans). Twenty-eight percent have less than $1,000.<\/p>\n<p><span class=\"article\">FA Mag: <a href=\"http:\/\/www.fa-mag.com\/news\/harkin--law-stopping-pre-retirement-outflows-from-401-k-s-could-pass-13693.html\" target=\"_blank\">Congress May Act to Stem Outflows from 401k Plans<\/a><\/span><\/p>\n<p>That&#8217;s right, America: Not only do you not have jack squat in your retirement plan accounts, but what you <b>do<\/b> have, isn&#8217;t really yours, and won&#8217;t be until Congress says it&#8217;s okay for you to have it.<\/p>\n<p>Carry on.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Couple of saving-related news stories which hit my inbox this afternoon: EBRI: 2013 Retirement Confidence Survey Results EBRI&#8217;s 2013 survey tells us that half of workers reported having $25k or less in total savings and investments (not counting home equity and any defined-benefit plans). Twenty-eight percent have less than $1,000. FA Mag: Congress May Act [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,52,64,28],"tags":[],"class_list":["post-3116","post","type-post","status-publish","format-standard","hentry","category-investing","category-retirement","category-saving","category-statistics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>No Retirement Savings Says EBRI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mdmproofing.com\/iym\/weblog\/2013\/03\/no-retirement-savings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Retirement Savings Says EBRI\" \/>\n<meta property=\"og:description\" content=\"Couple of saving-related news stories which hit my inbox this afternoon: EBRI: 2013 Retirement Confidence Survey Results EBRI&#8217;s 2013 survey tells us that half of workers reported having $25k or less in total savings and investments (not counting home equity and any defined-benefit plans). Twenty-eight percent have less than $1,000. FA Mag: Congress May Act [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mdmproofing.com\/iym\/weblog\/2013\/03\/no-retirement-savings\/\" \/>\n<meta property=\"og:site_name\" content=\"Money Musings\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-20T19:09:15+00:00\" \/>\n<meta name=\"author\" content=\"Michael\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michael\" \/>\n<script type=\"application\/ld+json\" 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