29 min

Was the 401(k) a Mistake‪?‬ The Daily

    • Daily News

The first generation to be fully reliant on 401(k) plans is now starting to retire. As that happens, it is becoming clear just how broken the system is. Michael Steinberger, a contributing writer for The New York Times Magazine, explains.

  • © 2020-2021 THE NEW YORK TIMES COMPANY; The New York Times encourages the use of RSS feeds for personal use in a news reader or as part of a non-commercial blog, subject to your agreement to our Terms of Service.

The first generation to be fully reliant on 401(k) plans is now starting to retire. As that happens, it is becoming clear just how broken the system is. Michael Steinberger, a contributing writer for The New York Times Magazine, explains.

29 min

  • © 2020-2021 THE NEW YORK TIMES COMPANY; The New York Times encourages the use of RSS feeds for personal use in a news reader or as part of a non-commercial blog, subject to your agreement to our Terms of Service.

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