Hard earned money is getting harder to hang onto
As if hanging on to your hard-earned money is not difficult enough, now comes another issue that investors/taxpayers have to face. That is, state and local governments openly admit to $1.4 trillion in unfunded liabilities ($11,000/household), while the Federal Reserve estimates the number to be $4 trillion ($32,000/household).
- Category
- Interesting Issues
- Pension Plans
- Taxes