Yes We Can?

A recent radio address from President Obama suggested that Americans need to save more for retirement. Treasury Secretary Timothy Geithner also disclosed “working Americans should be able to retire with dignity and security,, but nearly half o the nation’s workforce has little or nothing beyond Social Security benefits to get by on in old age.”

One of the new incentives on the table to counteract this is to allow tax refunds to be directly deposited into retirement accounts or used to buy savings bonds.

This is something we all may want to consider during this upcoming tax season. Don’t let Social Security be your only source of income when you retire. In like fashion, don’t allow your job to be your only source of income now either.