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A two-income American family with an average income that dutifully invests in a 401(k) plan using typical strategies will lose $155,000 – or about 30 percent of what they should have saved for retirement -- to Wall Street fees, according to a study by an economic justice advocacy organization. 

New York – Today, in response to the Supreme Court’s ruling on the Affordable Care Act, Miles Rapoport, President of Demos and The American Prospect, released the following statement:

(Flickr/Wallyg)

For the first time in nearly 100 years, cities are growing faster than the suburbs. That is the finding of new Census data, released today.

Anne Marie Slaughter (Flickr/poptech)

Why does one person’s take on an enduring, omnipresent issue sometimes explode through the media din?

It is weird how vehemently conservatives have attacked the individual mandate -- and are still attacking it now, after their erstwhile hero, Justice Roberts, said it could stand.

The mandate is a quintessential conservative idea, which explains why it emerged from the Heritage Foundation. A central tenet of conservative thinking is that government -- and society broadly -- shouldn't encourage free loading or coddle free riders.

The Supreme Court’s decision is in. With the Affordable Care Act mostly intact, tens of millions of uninsured Americans will gain coverage. Senior citizens will get billions of dollars of prescription drug benefits. Everyone with insurance will get preventive services at no cost.

Most of us with 401(k) plans watched in horror as our retirement savings plummeted in the stock market crash of 2008. That year, the average 401(k) balance dropped by a third, forcing older Americans to delay retirement or cut back on spending. Since then, as the market rebounded, some of our savings have recovered in fits and starts.

On Monday morning, the U.S. Supreme Court issued a ruling which upholds a lower court ruling, and area returning citizens are pleased by the court's ruling.

Supreme Court Justices agreed with Maryland's “No Representation Without Population Act” in a summary disposition which means meaning the Justices based their ruling on existing briefs and did not engage in oral arguments. A lower court ruled that in the case of Fletcher v. Lamone, Maryland officials cannot count a prisoner's incarceration address, and must count their last known home of residence.