Tag: 401k

Senior couple and tecnologies

Redesign does not dramatically alter overall picture, but collecting asset data could.  Some experts claim that retirees are better off financially than many think, partly because most retirement income from 401(k) plans and Individual Retirement Accounts (IRAs) is not captured in the Census Bureau’s widely-used Current Population Survey (CPS), Annual Social and Economic Supplement.  In…

elderly man inserting credit card to ATM

Reports provide mixed picture on plans already automated. Given the large gap between retirement needs and retirement resources, our retirement programs need to work as well as possible.  In the private sector, 401(k) plans, the main vehicle for retirement saving, are not working as well as they could.  This problem could be remedied with mor…