Thursday, October 10, 2024

Latinos to face a retirement crisis because of job-related disadvantages

Latinos are facing a deeper retirement crisis than other ethnic groups because of lower access to workplace savings plans and other job-related disadvantages in accumulating nest eggs, reports the National Institute on Retirement Security and UnidosUS in a new study. “Retirement plan participation rate for Latino workers (30.9 percent) is about 22.1 percentage points lower than […]