How a US debt default could hit your finances Excerpt: “If the debt ceiling stalemate doesn’t end, retirement accounts could be very hard hit. A report out Tuesday from the American Society of Pension Professionals and Actuaries predicts private pension plans will take a hit of more than $2 trillion (losing in excess of 20… Continue reading
Ohioans worry about shutdown’s impact Excerpt: “This isn’t just a Wall Street problem; it’s a Main Street problem,” said Brian Graff, CEO of the American Society of Pension Professionals and Actuaries. New research published by the ASPPA shows that failure to raise the debt ceiling by Thursday could cause American workers’ account balances to drop… Continue reading
ASPPA’s debt ceiling debate was mentioned in CNBC’s Power Lunch broadcast on October 11, 2013.