Biden Addresses Retirement Security in Speech | NBC News

by | Nov 9, 2023 | Retirement Annuity | 19 comments

Biden Addresses Retirement Security in Speech | NBC News




Watch live coverage as President Biden delivers remarks on actions to protect and strengthen Americans’ retirement savings.

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Watch: Biden delivers remarks on protecting retirement security | NBC News…(read more)


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Watch: Biden delivers remarks on protecting retirement security | NBC News

On Monday, President Joe Biden delivered remarks on protecting retirement security at an event in the White House. During his speech, Biden emphasized the importance of safeguarding the retirement savings of millions of Americans and outlined his administration’s plans to bolster retirement security.

The president highlighted the ongoing challenges faced by retirees and workers, including fluctuating stock markets, rising healthcare costs, and the lack of access to affordable retirement plans. Biden stressed the need for immediate action to address these issues and ensure that Americans can retire with dignity and financial security.

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One of the key proposals put forth by the Biden administration is to expand access to retirement savings plans, particularly for small businesses and low-income workers. The president emphasized the need to make it easier for individuals to save for retirement by offering tax credits and incentives for employers to provide retirement plans to their employees.

In addition, Biden also discussed the importance of strengthening Social Security, which serves as a vital source of income for millions of retirees. The president pledged to protect and enhance Social Security benefits, ensuring that seniors can rely on this critical program for their retirement income.

The event comes at a time when retirement security is a pressing concern for many Americans, especially in the wake of the economic challenges brought on by the Covid-19 pandemic. The president’s remarks underscored his commitment to addressing these issues and prioritizing the financial well-being of older Americans.

The Biden administration’s focus on retirement security has been met with praise from advocacy groups and retirement experts, who have long called for reforms to improve access to retirement savings and bolster Social Security benefits. Many have expressed optimism about the potential impact of the president’s proposals on the long-term financial stability of retirees and workers.

As the Biden administration continues to push for these initiatives, it remains to be seen how they will be received in Congress and implemented across the country. However, the president’s remarks on protecting retirement security signal a renewed focus on addressing the challenges faced by older Americans and ensuring that they can enjoy a secure and comfortable retirement.

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Overall, President Biden’s speech on retirement security underscores the administration’s commitment to improving the financial well-being of retirees and workers, and it sets the stage for potential reforms to strengthen retirement savings and Social Security benefits. It remains to be seen how these proposals will develop in the coming months, but the president’s remarks mark a significant step forward in addressing the pressing issue of retirement security in the United States.

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19 Comments

  1. Ole Radio Dude A.M.

    America is technically bankrupt. We seniors are often receiving social security checks we don't need. It's time to means test to weed out the elders among us that don't need it. This is bleeding the younger generations financially.

  2. Rick Monroe

    Only people Biden is helping is wealthy Americans.

  3. Arkan Muffak

    Hello !

    Go joe go , u right joe , go joe go , u right joe , seniors to the bank joe even the ones that retired with the tank , desert storm Davis Haney storm kirkuk Iraq , go joe go . Seniors to the bank joe , they wanna milk them and they got no more milk to give , they wanna take there Loose change to , savings , why Kevin why. They mis behaving , Go joe go , seniors to the bank joe , seniors to the bank ..

  4. EddieMambo18

    Retirement security , wait I thought we were just going to give up all our savings to the illegals crossing the border just like we are doing with everything else ?

  5. 유희석

    That's economy.

  6. Linda Guy

    Please do something with social security an disablity for our future generations. So needed before it runs out.

  7. legend Canibal

    Retirement security on Israelis, if we let have anothe billion plus package.
    I think they should pay back first all the aid they received.

  8. TATAZ420 Arausa

    P because you look at everything the government looks at everything we're unsafe

  9. Tausif Hanif

    Has anyone seen the condition Pennsylvania was left in . What a supporter of hard working Americans

  10. Mike Mare

    nothing senile about this, is he even reading notes???? or is this all just off the cuff

  11. Ahmad Khan

    Stop lying to people.
    And keep taking their money. shame on you

  12. Vic Freeman

    Under Biden, my retirement has sunk to the bottom of the ABYSS I can only hope it will re-bound in my lifetime..

  13. azucar1242

    This is the man that started taxing your social security income… have you forgotten?

  14. Rab_Daddy

    I think the Government needs to release all the funds that were generated by fake Social Security Numbers and ones stolen from dead people then place it in the general fund. I believe that may solve the giant hole

  15. margaret rosiello

    I believe in the present that I vote for and I stand by him no matter what I believe in him always I am not giving up on him all of my faith and compassion and I believe in him always and I still do no matter what when I start to vote for him I am giving all of my faith, compassion in courage in him I can see it in him no matter what I say i always have courage in him and have faith and passion deep inside of his own hearted that I am use my own voice to be heard that I care for I care, love, compassion in him and I still do no matter what when we vote for a Biden all of the voice should have courage and faith and passion in him no matter what I do a lot and I do. I believe, compassion, care, safe, protect the earth, and everything that for Biden to have a voice to speak the truth and compassion in people and have the people to have a voice to be heard and take a changes to. Biden go, go Biden, go Biden you have the right to be our present take it and never give up what is important to you I trust you Biden you are our present I believe in you always go Biden you got this be the present and never give up what matters to you. My name is Margaret Rosiello and I believe, faith, compassion, the honest truth in Biden you are my everything in this earth never give up you got this I have your back no matter what I trust you always Biden you are important to me you are the best and have a voice for people to have a voice should be spoken. Biden never give up on hope and have courage in yourself I believe in you ❤❤❤❤❤❤❤❤ Biden you are very important to me I just know it in my deep hearted in me my whole enter family tree that I have all of us we believe in you have the right to be our present you are our everything to me. hi Biden it’s Margaret Rosiello
    You are really important to this world everybody has a voice should be heard, Biden you are the greatest president I’ve never imagined for your first time ever you are the voice of the people should stand out what is right and take a changes to be heard for a lifetime. Biden you are the right president to stand out be heard raise your voice. You are amazing present it to be heard and take a chance of a lifetime that can happen. Biden, Biden, Biden, you have courage, compassion, for the people should be heard you as a president that be heard. Biden you are important to me, and important to my whole enter family have your back I promise. Biden I believe in you and I am proud of you

  16. Dean Utley

    As a 10th. generation veteran, I need a 100% or more increase in my Social Security ASAP. I am 81 years old. Living Month to Month on the S. S. Watch the movie Terminator 3, Rise of the Machines taking over the job market. I went broke in 2008 when the Real Estate market crashed, I lost over 4 million R.E. Holding, now broke.

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