FYI: Retirement experts have debated for years over the consequences of America’s shift from traditional pensions to 401(k)s and other so-called defined contribution plans.
Among the issues at hand: Do the new-style plans leave too many workers behind? Do they saddle employees with too much risk? Do they increase economic inequality?
Regards,
Ted
https://www.latimes.com/business/story/2019-11-05/401k-plans-falling-short
