Why Doesn’t the Federal Government Provide More Information on Retirement?
Lack of Resources
The government is cutting back on resources, including HR teams, which affects the availability of training and support for retirement planning
Limited resources make it difficult to access information and ask questions about retirement benefits.
Potential Benefit for the Government
While not intentional, the government may benefit from not providing extensive information on retirement benefits.
If individuals are unaware of their full range of benefits, they may default to less advantageous options, resulting in lower payouts for the government.