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SPECIAL REPORT: America's Looming Pension Crisis - It's Worse Than You Imagine | Stephanie Pomboy

Thoughtful Money with Adam Taggart

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The Pension Predicament: Unraveling 401k and Pension Shortfalls

This chapter explores the inadequacies of 401k plans as mere supplemental savings rather than reliable retirement solutions, revealing troubling statistics on retirement fund shortages among Americans. It examines the financial crisis surrounding the Pension Benefit Guaranty Corporation (PBGC), highlighting the alarming underfunding of pensions and the urgent need for regulatory reforms to address these issues.

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