Headline: The Shift to 401(k)s has Decimated Retirement Savings
Publication: National Public Pension Coalition
Article Date: Nov 14, 2018
“Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s, working families have fallen behind. More and more research is emerging that demonstrates the inadequacy of defined contribution plans. Last year, the Center for Retirement Research (CRR) released an issue brief that reveals the cold, hard facts.” Read article…