Financial Security

What if you were given the task of designing a retirement system from scratch?

It is expensive to be poor.

FSP’s Joanna Smith-Ramani sat down with Steven King, a Partner at Emergent Research, to discuss the results of the second On-demand Workforce survey.

The Financial Security Program spoke with economist Monique Morrissey of the Economic Policy Institute about the state of American retirement and the role of tax incentives.

Regulatory innovation is indeed emerging in financial centers around the world as central bankers, prudential regulators, and market conduct authorities rush to make sense of the proliferation of new financial technologies (FinTech) and their transformative potential not just for individual consumers but for the financial system as a whole.

It’s hard to imagine that there’s a tax credit that can lower a taxpayer’s bill if he or she saves for retirement in a tax-favored retirement account. This may sound to be too good to be true. But it is true. The IRS has a tax credit that pays people to save for retirement.

Unpredictability. Fluctuating hours. On-call work. Lack of input into schedules. Early dismissal without pay. One of the threads that ties together these and other scheduling challenges commonly experienced by low-wage workers is the fact that millions in the U.S. feel profoundly disempowered in the workplace.

Stride Health’s Noah Lang shares his insights about the FinTech industry’s role in helping solve income volatility.

There is a game-changing opportunity in the growth of the fintech industry to help address household financial insecurity.

Which set of products will breakthrough and provide financial stability at scale remains to be seen, but our hope at Aspen FSP is that by highlighting and supporting these efforts, we will inch closer to achieving that ultimate goal.