A no-brainer way to boost savings
By on Sep 18, 2007 in Finances
Companies will soon have more reason to do something fairly simple that could boost their workers’ retirement income from 401(k)s by 50 percent or more - and workers won’t have to do anything but stay out of the way.
Original post by Technology news - Business 2.0 Magazine
1 Comment(s)
By vtabletop on Nov 26, 2007 | Reply
When I first read about it I was skeptical about the kind of fund that the government is investing this money into. A 130% increase seems quite mouth watering , but I would still reserve my views because any pensioner wouldn’t entertain the thought of taking risk with his life savings by investing it into a high risk investment. The nature of funds would only become clear after the department of labor approve it as this approval is just a preliminary one which only goes to say that they are taking a closer look at it.