US workers don’t understand their 401k, survey finds
A new survey explores a strange subset of American workers: Workers who aren’t enrolled in a 401(k) but think they are. In a Retirement Security Survey released this month, Major Financial Group found that nearly 6 in 10 non-savers, 59%, mistakenly believed they were contributing to a 401(k) retirement plan. The survey of non-savers reached … Read more