Your 401(k) Might Be More Dangerous Than You Think
August 30th, 2018
401(k) plans —for the last 40 years, these retirement accounts have been touted as a market-based replacement for traditional pensions. In reality, the transition to 401(k)s as the dominant form of employer-based retirement support is a multigenerational, and largely accidental, experiment. Originally established in 1981 as a supplement to traditional benefits programs, the first 401(k) …
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