A year after SECURE 2.0, retirement race gap remains stubborn

Published 5 Min Read

A figurine of a white businessman standing on a stack of quarters, next to a shorter stack of quarters with a black figurine on top
Adobe Stock/Hyejin Kang

A little more than a year after Congress passed landmark retirement legislation, American nest eggs are still deeply divided by race.

That’s the conclusion of a new study from the Brookings Institution, a public policy think tank in Washington, D.C. The study examined the current state of the U.S. retirement system in the wake of two laws designed to reform it: The SECURE Act of 2019 and the SECURE 2.0 Act of 2022. 

Nathan Place
National Reporter

Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio


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