lower class

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Can't Set Up a Retirement Plan? Now You Can, Gov't Says

New myRA savings plan is free, no-risk vehicle for lower, middle classes

(Newser) - About one-third of non-retired Americans have no retirement savings or pensions to their names—and the government says it has just the thing to remedy that. Cue myRA , a free, no-risk savings plan designed for people who don't have access to (or can't afford) 401(k)s, IRAs, or other... More »

Record Numbers Call Themselves 'Lower Class'

Wealth gap may help explain phenomenon

(Newser) - For four decades, pollsters have been asking Americans to identify themselves by class; typically, most call themselves middle- or working-class. In the latest edition of the survey, however, a record 8.4% have dubbed themselves lower-class, the Los Angeles Times reports. That's a change from previous economic downturns, when... More »

2 Stories