Tag: saving
The brief’s key findings are: Progress in the 401(k) system stalled in the wake of the economic crisis, according to the 2010 Survey of Consumer Finances data. Despite an increase in auto-enrollment, the percent of employees not participating ticked up. And 401(k) contributions slipped, while leakages through cash outs, loans, and hardship withdrawals increased. As a result,…
“Money Matters,” a play that opened last weekend in Cambridge, Mass., demonstrated the financial wit of its teenage actors at the same time that they – and the audience – embraced the complexities of money. Credit versus debt, income differences among classmates, money and relationships, certificates of deposit, needs versus wants – this only scratches…
