Tag: secure 2.0

Elderly couple looking over finances at the kitchen table

Arguing that we need to delay withdrawals to 75 as a work incentive doesn’t hold water. In a recent meeting I attended, participants were bemoaning the fact that people are reluctant to withdraw their 401(k) accumulations.  Much emphasis was placed on the word “decumulation,” which apparently has negative connotations.  The answer apparently is to replac…

Money bag with coins and a lifebuoy on a gray background

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…