Photo by Towfiqu Barbhuiya on Unsplash
Wednesday, November 10, 2021
The 401(k) industry’s importance to Americans cannot be overstated. It is the vehicle on which millions of households rely to save for their retirement years. It reduces the friction of investing and helps people take that important step of “your money making you money”. Without it the golden years would look a lot less golden.
It is because of significance that we wanted to take a closer look at the 401(k) industry and how it has changed over the past decade. Here are some highlights of what we found:
View the complete State of the 401(k) report.