Tag: 401k
Seven states now require employers that don’t have retirement plans to automatically enroll their workers in an IRA, and others have passed legislation to create similar programs. The goal is to get more people to save for retirement at a time financial security in old age increasingly depends on it. Pensions are rapidly disappearing. But…
More importantly, long-run trends show little gains for median balances. It is always interesting to look at Vanguard’s most recent edition of “How America Saves.” And it is particularly interesting to get the numbers for 2022 – not a good year for the stock market. Indeed, the news isn’t good for 2022. More importantly, t…
