All articles tagged with #social assistance
The US Department of Agriculture announced that due to the ongoing government shutdown, food benefits for over 41 million Americans will not be issued in November, raising concerns about hunger and government funding impasse.
The retirement savings gap in the US could create a $1.3 trillion economic burden through 2040, according to a study by the Pew Charitable Trust. State-run retirement savings plans could help close the gap, with initial data from states already offering the program showing participants saving anywhere from $105 to $190 per month. Without changes, 61% of elderly households are expected to have an annual income below $75,000 in 2040, and roughly half of working households may struggle to maintain their pre-retirement standard of living in their golden years due to limited access to workplace retirement plans.