Blaze@reddthat.com to Personal Finance@lemmy.mlEnglish · 6 months agoWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comexternal-linkmessage-square11fedilinkarrow-up15arrow-down10
arrow-up15arrow-down1external-linkWas the 401(k) a Mistake? How an obscure, 45-year old tax change transformed retirement and left so many Americans out in the cold.www.nytimes.comBlaze@reddthat.com to Personal Finance@lemmy.mlEnglish · 6 months agomessage-square11fedilink
minus-squareCopernican@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-26 months agoHow do you think pension plans make money? They are managed by fiduciaries responsible for investing. Guess where they invest. 20% of the stock market is owned by pension funds :https://retiregenz.com/what-percentage-of-the-stock-market-is-owned-by-pension-funds/
How do you think pension plans make money? They are managed by fiduciaries responsible for investing. Guess where they invest. 20% of the stock market is owned by pension funds :https://retiregenz.com/what-percentage-of-the-stock-market-is-owned-by-pension-funds/