WJLA On The Money January 15, 2017
Put away. What can be done to get americans to save more . Thats our cover story. Retirement in the u. S. Is becoming increasingly selffunded. In 197938 of private employers offer pension. Now its just 13 . The guaranteed retirement benefit is still common for government workers and union members, but private employers are more likely to offer 401 k s, employees put a portion of their pretax salary into taxdeferred accounts. Employers can match those contributions, although they dont have to. Unlike pensions which pay a fixed amount, 401 k s can rise and fall with the stock market. The Great R...