Tag: Franco Modigliani

Money bag with coins and a lifebuoy on a gray background

Credit Cards Linked to 401(k)s May Be Best Way to Provide Emergency Savings

MarketWatch Blog by Alicia H. Munnell

June 26, 2023

For 20 years, I have liked the idea of attaching a credit card to 401(k) accounts so that account holders would have an easy source for emergency saving. My colleagues mocked me mercilessly. Now that they have moved the need for emergency saving to the top of the retirement policy agenda, some – not a…

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