EEconomy

59% of workers who hadn’t signed up for a 401(k) believed they were enrolled through their employer, only to find out they had no retirement savings. This issue is even more pronounced among Gen X, with 64% mistakenly thinking they had a 401(k) when they didn’t.

  • September 12, 2024



59% of workers who hadn’t signed up for a 401(k) believed they were enrolled through their employer, only to find out they had no retirement savings. This issue is even more pronounced among Gen X, with 64% mistakenly thinking they had a 401(k) when they didn’t.

https://finance.yahoo.com/news/gen-xs-looming-retirement-crisis-173557320.html

by diacewrb

2 comments

  2. Why aren’t people checking their 401K at least annually? I really don’t believe this. You would at least look to see how your money is invested. Plus deductions show up on your paycheck stub.

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