In the Federal Reserve’s 2024 household well-being survey, 55% of adults said they had savings sufficient to cover three months of expenses after losing their main income. Another 15% said they could cover three months by borrowing, selling
The Equal Credit Opportunity Act of 1974 prohibited discrimination in credit transactions on the basis of sex or marital status. Regulation B subsequently required creditors to make individual credit accounts available to creditworthy marri
In the Federal Reserve’s 2024 household survey, 63% of adults said they would cover a hypothetical $400 emergency expense entirely with cash, savings, or a credit card paid off at the next statement. The share was unchanged from 2022 and 20
Using CPI-based purchasing-power calculations in the Broadside working research, $72,000 in 2018 is equivalent to about $95,700 in 2026. That is roughly $23,700 more income required to maintain the same CPI-measured purchasing power, a cumu
KFF’s 2025 Employer Health Benefits Survey found that the average annual premium for employer-sponsored family health coverage was $26,993. The average annual premium for single coverage was $9,325.
BLS historical benefit surveys found that 80% of full-time employees in medium and large private establishments participated in defined-benefit plans in 1985. By 2000, participation was 36%. Survey coverage changed over this period, so BLS
Among workers enrolled in employer-sponsored family health coverage in 2025, the average worker contribution toward the annual premium was $6,850, or about $571 per month.
BLS reports that in 1987, 86.1% of private employers’ retirement-benefit spending went to defined-benefit plans and 13.9% to defined-contribution plans. By 2022, the shares had reversed: 29.4% went to defined-benefit plans and 70.6% to defi
KFF reports that the average annual premium for employer-sponsored family health coverage increased 53% from 2015 to 2025. Over the same ten years, workers’ wages rose 48.2% and inflation rose 35.8%.
A defined-benefit pension promises a formula-based retirement benefit and generally leaves the employer responsible for funding promised benefits. A defined-contribution plan such as a 401(k) promises no specific retirement benefit; the wor
