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Description
Demystifies contemporary U.S. retirement policy by revealing how legislative changes over the past thirty years have exacerbated wealth inequalities.
For more than three decades, lobbyists for higher-income earners, financial institutions, and retirement consultants have persuaded Congress to expand tax subsidies for workplace retirement plans and individual retirement accounts (IRAs). Congress spends more than $500 billion each year on these subsidies, most of it merely pumping up the accounts of 401(k) millionaires and almost none of it helping those who face genuine retirement insecurity. This book tells the story of how lobbyists and legislators hijacked retirement policy to line the pockets of affluent workers, financial institutions, and retirement consultants; it demonstrates the resulting growth in wealth inequalities by class, gender, race, and ethnicity; and it sets out a program of sensible policy reform.
Accessibility Information
Additional accessibility information
- PDF/UA-2, 1.4
- accessibility@bloomsbury.com
Hazards
The publication contains no hazards
Support for non-visual reading
Has alternative text descriptions for images
Navigation
- Page list to go to pages from the print source version
- Elements such as headings, tables, etc for structured navigation
- All or substantially all textual matter is arranged in a single logical reading order
Table of Contents
2. The Mother of All Tax Shelters
3. The Grift
4. Winner Takes it All
5. Pathways Forward
Product details
| Published | Mar 04 2027 |
|---|---|
| Format | Ebook (PDF) |
| Edition | 1st |
| Pages | 272 |
| ISBN | 9798216466789 |
| Imprint | Bloomsbury Academic |
| Illustrations | 17 bw |
| Publisher | Bloomsbury Publishing |
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