Republican Gov. John Kasich’s budget update bill comes out today, and it could include a tax hike to pay for a tax cut.
Frontline: The Retirement Gamble
Ten trillion dollars in Americans’ retirement savings are invested in large and small accounts managed by banks, brokerages, mutual funds, and insurance companies. It’s a bit scary to think about, given the behavior of these institutions over the past several years. Now experts wonder whether your IRA or 401K investments will even assure a safe retirement. Building off reporting from the special “Money, Power and Wall Street,” FRONTLINE raises troubling questions about how America’s financial institutions protect our savings. “The Retirement Gamble” reveals how fees, self-dealing, and kickbacks bring great profits to Wall Street while imperiling the prospects of a secure future for individuals. The film questions who has the consumer’s best interests in mind and whether there is a better way to manage our retirements.
FRONTLINE: THE RETIREMENT GAMBLE airs Tuesday, April 23 at 10pm on WOSU TV with an encore presentation on Wednesday, April 24 at 10pm on WOSU PLUS.