“401(k)s aren’t really cutting it for most Americans,' said Friedman, who noted that the Pension Rights Center advocates for creating workplace retirement plans that combine the best of DB and DC plan features." #retirement #retirementplanning #personalfinance
Traditional pension plans are pretty rare....
The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike. But for most private-sector US workers, pensions disappeared long ago.Korn Ferry Connect
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