Tag: 401(k) savings
![Stack of coins in decreasing size left to right](https://crr.bc.edu/wp-content/uploads/2023/06/Stack-of-coins-in-decreasing-size-left-to-right-1536x1024.jpeg)
Let’s offer workers a public option for their 401(k) saving! At a recent Brookings Institution forum on the decumulation of wealth in 401(k) plans, Dick Thaler, a behavioral economist and Nobel laureate, suggested that workers be allowed to send the Social Security Administration a portion of their 401(k) savings in exchange for an annuity. T…