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Center for Retirement Research at Boston College
FALL 2023 NEWSLETTER
Black and Hispanic households pass on less wealth to their children, but having a will can help.
Earnings now play a much bigger role, while 401(k) withdrawals have yet to make their mark.
They were hit hardest by the Great Recession, disrupting their work and 401(k) accumulations.
Most older borrowers are at high risk of financial distress, but not all are alike.
Inaccurate billing, a growing problem with a range of causes, is drawing more federal scrutiny.
The funded status of state and local pensions has risen by 5 percentage points since 2019.
Thanks to our supporters:
The U.S. Social Security Administration, the Alfred P. Sloan Foundation, the Anna-Maria & Stephen Kellen Foundation, Bank of America, Equable Institute, the Government Finance Officers Association, Jackson National Life Insurance Company, the Pew Charitable Trusts, State Street Global Advisors, TIAA Institute, and Wells Fargo Bank, N.A.

Thanks to members of our research partnership program:
AARP, Bank of America, First Eagle Investments, State Street Global Advisors, TIAA Institute, and Transamerica Institute.
Alicia H. Munnell
Director

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