Firms Not Planning for Booming Retirements


Almost 40% of companies have made no projections about the retirement rate of their employees and more than 25% have not even analyzed their work force demographics, which might unexpectedly jeopardize employer success, according to The Center on Aging and Work/Workplace Flexibility at Boston College.

The study found that, although employers held a particular interest in the retirement forecasts of their older workers, only one-third had made projections about retirement to a great (10%) or moderate extent (24%).

Source: The National Study Report, www.bc.edu/agingandwork.

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100th ANNIVERSARY

Black CPA Centennial, 1921–2021

With 2021 marking the 100th anniversary of the first Black licensed CPA in the United States, a yearlong campaign kicked off to recognize the nation’s Black CPAs and encourage greater progress in diversity, inclusion, and equity in the CPA profession.