Two-Thirds of Americans Aren’t Putting Money in Their 401(k)

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Two-Thirds of Americans Aren’t Putting Money in Their 401(k)

Now, U.S. Census Bureau researchers have come up with estimates that rely on tax data, which should be more reliable than surveys. Their conclusion: Only about a third of workers are saving in a 401(k) or similar tax-deferred retirement plan. Also, the gap is far wider than expected between the number of employers offering retirement plans, and the number of workers saving in them.

Read more at Bloomberg

2017-03-15T10:53:44+00:00 Tags: |