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Roger W. Ferguson Jr. (born October 28, 1951, in Washington, D.C.) is an American economist, attorney and corporate executive who served as the 17th vice chairman of the Federal Reserve from 1999 to 2006. Prior to his term as vice chairman, Ferguson served as a member of the Federal Reserve Board of Governors, taking office in 1997.
The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:
John H. Biggs (born July 19, 1936) is a former director of The Boeing Company from their 1997 merger with McDonnell Douglas [1][2] until May 2011, [3] and the National Bureau of Economic Research as well as a trustee of Washington University in St. Louis. He was previously chairman and chief executive officer of financial services company TIAA ...
3. You Should Plan To Start Taking RMDs at Age 73 if You Were Born in 1959. The Secure 2.0 Act increased the RMD age from 72 to 73 as of 2023 — and the age will increase to 77 starting in 2033 ...
He serves as a research associate at the National Bureau of Economic Research and as Associate Director of the NBER Retirement Research Center. Since 2009 he has served as a Trustee for TIAA, the operating company of TIAA-CREF. From October 2006 through September 2008, he served as a member of the Social Security Advisory Board.
As of 2024, the average retirement age in the U.S. is 62, according to a recent Mass Mutual survey. Meanwhile, both retirees and pre-retirees mark 63 as the ideal retirement age. Despite this, the ...
She is also a featured expert on retirement in publications like The Washington Post, Plan Sponsor, and P&I. [18] [19] Gibson joined TIAA in June 2022, [20] and is currently the company's Chief Client Officer and Senior Executive Vice President. In this role, she leads TIAA's core retirement business, which represents $740 billion of the firm ...
Meanwhile, many middle-class workers are envisioning retirements that could stretch to 25 years or more, given their expectation of living to a median age of 90. A longer retirement requires ...