How 401(k) Plans Work And Why They Killed Pensions

Published: 24 March 2021
on channel: CNBC
1,516,807
18k

Since 1980, pensions plans have been phased out in favor of 401(k) plans. They now represent nearly one-fifth of the U.S. retirement market. So how did 401(k) plans become such a popular form of retirement savings and how should they be used? Watch the video to find out.

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How 401(k) Plans Work And Why They Killed Pensions


Watch video How 401(k) Plans Work And Why They Killed Pensions online without registration, duration hours minute second in high quality. This video was added by user CNBC 24 March 2021, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,516,80 once and liked it 18 thousand people.